NEFT, RTGS update: The Reserve Bank of India (RBI) will introduce the beneficiary account name look-up…
Tag: RTGS
RBI asks National Payments Corporation of India to develop this facility to prevent fraud | Check details
Image Source : X Reserve Bank Of India People will soon get a facility to allow…
NEFT hits a new milestone with 4.10 crore transactions in a day: RBI
NEFT system has achieved a milestone on leap day i.e., on February 29, 2024, by processing…
Mint Explainer: What RBI’s commercial credit card diktat is all about
Mumbai: The Reserve Bank of India has recently asked a card network to pause payments under…
8.18 crore ITRs! A record number of income tax returns filed till Dec 31
The income-tax (I-T) department has recorded a surge in filing of Income-tax Returns (ITRs), resulting in…
Govt plans to introduce 4-hour window to reverse online payments above ₹2,000
In a bid to combat online payment frauds, the government is reportedly mulling over introducing maximum…
RBI modifies NEFT, RTGS systems to accommodate FCRA transactions
Image source: File photo RBI modifies NEFT, RTGS systems to accommodate FCRA transactions The Reserve Bank…
NEFT, RTGS revamped to report on remittances on a daily basis
The Reserve Bank of India (RBI) on Thursday made drastic changes in NEFT and RTGS response…
Let UPI succeed as a special public good
As far as online payments are concerned, India stands for two things. First, we have a…