Immediate Payment Service: News
10 Mar 2020
Yes BankYes Bank depositors can now use IMPS/NEFT to pay dues
The crisis-hit lender Yes Bank on Tuesday allowed customers to make certain transactions using instant money transfer services.
01 Sep 2018
Narendra ModiIndia Post Payments Bank launched: Details here
On Saturday, at an event in New Delhi, Prime Minister Narendra Modi launched the India Post Payments Bank (IPPB) in a bid to boost banking services in rural areas, and promote further financial inclusion.
01 Jul 2018
India#AppStories: 5 apps for cryptocurrency trading in India
World's most popular cryptocurrency Bitcoin's valuation has had some dramatic fluctuations over the past one year. It picked up the pace in May'17 from $2,000 to $20,000 in Dec'17 and plummeted to $6,046 in Feb'18.
27 Mar 2018
IndiaIs there really a five-day-long bank holiday coming up?
There have been reports of a five-day bank holiday coming up this weekend, and people have been rushing to banks to get their tasks done before it starts.
29 Nov 2017
IndiaBitcoin breaks $10,000-barrier: Know how you can invest in Bitcoin!
The value of Bitcoin, the world's oldest and largest cryptocurrency, has soared above $10,000 yesterday (28 November) - a remarkable rise from a mere $0.003 price seven years ago.
20 Nov 2017
IndiaNEFT, RTGS, IMPS: Here's how to choose the best option
Do you use netbanking regularly, but have no idea what NEFT, RTGS or IMPS are? Considering how complicated they look, it won't be a surprise.
09 Sep 2017
PhonePeNEFT, RTGS, UPI: Here's everything to know about online transfers
With the government's increasing focus on Digital India, it has gradually attempted to create a cashless economy. Interfaces like UPI are a product of changing times.
13 Aug 2017
IndiaHow can you invest in virtual currencies in India?
Cryptocurrencies are a huge rage around the world and India is slowly waking up to its possibilities.
11 Aug 2017
IndiaWhatsApp UPI payments feature may finally be ready
WhatsApp is finally gearing up for its next big step. With Paytm planning on bringing its messaging service soon, it has now decided to integrate UPI-based mobile payments system into its platform.
24 Jul 2017
State Bank of India (SBI)IMPS, NEFT, RTGS, UPI: Everything to know about online transfers
With the government's increasing focus on Digital India, it has gradually attempted to create a cashless economy. Interfaces like UPI are a product of changing times.
13 Jul 2017
State Bank of India (SBI)SBI cuts NEFT, RTGS charges by up to 75%
The SBI has reduced charges for National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) by up to 75%, to be implemented from July 15.
01 Jun 2017
State Bank of India (SBI)SBI to charge more for ATM, online, cash transactions
The State Bank of India (SBI) has revised service charges on ATM withdrawals for customers using its SBI Mobile Buddy mobile app, effective from June 1.
11 May 2017
KeralaSBI clarifies on revised charges: Only for "buddy customers"
SBI issued a clarification in the wake of widespread panic and condemnation after its announcement of revised service charges, including exorbitant ATM charges.
11 Apr 2017
IndiaRBI speeds up settlement time for NEFT clearance
RBI has decided to reduce the time frame for the settlement of National Electronic Funds Transfer (NEFT) from 1 hour to 30 minutes in its revamped monetary policy.
09 Mar 2017
State Bank of India (SBI)Going cashless costs money, debit card charges explained
There's been an increase in the digital transactions since Prime Minister Narendra Modi announced the demonetization of Rs. 500 and Rs. 1,000 notes last November.
05 Feb 2017
RuPayBanks free to fix charges on cashless transactions
To encourage greater participation by banks in developing cashless economy, the Reserve Bank of India (RBI) has allowed them the freedom to fix service charges on cashless transactions.
