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The new IMPS rule comes into effect on February 1

Do you know that you can now transfer up to ₹5 lakh using IMPS without recipient details such as mobile numbers, bank account names, account numbers,...

PSBs told to gear up on cybersecurity

UCO Bank recovers rs 649cr wrongly credited amount

RBI seeks to modify policy for UPI, IMPS, NEFT charges

Wider IMPS limit to push digital payments

Banks

RBI enhances Transaction Limit in IMPS transfers to Rs 5 lakh

In order to promote digital transactions, the Reserve Bank of India (RBI) on Friday enhanced the transaction limit using Immediate Payment Service...

Economy

RBI allows settlement files of payment systems on all days of year

The RBI has proposed to allow settlement files of payment systems viz., AePS, IMPS, NETC, NFS, RuPay, UPI to be posted to the apex bank on all days of...