IMPS, NEFT and RTGS are all electronic funds transfer systems in India, but they differ in terms of speed, transaction limits, and fees....
The Central Bank Digital Currency (CBDC) or the Digital Rupee will be used for making digital payments similar to making payments made...
New RBI proposal on NEFT transaction fees: The Reserve Bank of India has prescribed the implementation of processing charges on NEFT transactions...
Check here key changes that would impact your everyday life from February 1, 2022. New Delhi: Several rules pertaining to banking, financial...
SBI bank has announced that users won’t have to pay service charges on digital Immediate Payment Service (IMPS) transactions worth up to Rs...
The SBI website reads that the bank will charge you Rs 20 + GST, for IMPS transactions between Rs 2 lakh and...
IMPS provides robust and real-time fund transfer which offers an instant, 24X7, interbank electronic fund transfer service that could be accessed on...
IMPS provides 24×7 instant domestic funds transfer facility and is accessible through various channels like internet banking, mobile banking apps, bank branches,...
To target areas with deficient payment acceptance (PA) infrastructure, RBI Governor Shaktikanta Das on Friday proposed to introduce a framework for leveraging...
From now on, you can transfer Rs 5 lakh via IMPS. Earlier the limit for IMPS transfer was Rs 2 lakh. In...