NEFT

NEFT, RTGS is free for SBI users Great news for SBI users, pan-India: They need not pay anything for NEFT and RTGS henceforth. But why has this decision been taken? Meanwhile, IMPS is still chargeable, and SBI and other bank users…

NEFT, RTGS charges removed RBI Governor Shaktikanta Das headed the crucial Monetary Policy Committee (MPC) review today, and made some big changes to the existing financial policies of India. These changes will have a big impact on…

RBI Committee Gives Suggestions For Increase in Digital Payment RBI formed a panel whose profile was to suggest changes in the system that will help enhance the overall situation of digital transactions in India. This panel, headed by…

After several credible and traditional news publications had shared reports that free banking services in public sector banks shall cease to exist after 20th January 2018, the Indian Banks’ Association (IBA) has clarified that no such thing…

RBI has recorded rise in UPI & eWallet transactions in comparison to debit/credit cards, which are followed by increased use of USSD, PPIs, NEFT & RTGS