IDFC FIRST announces zero-fee banking for 25 services in savings accounts

Dec 18, 2022

The Bank has waived off fees on 25 commonly-used banking services related to savings accounts such as cash deposit and withdrawal at branches, third-party...

Paysharp targets B2B Business with Flat Fee Pricing Model

Dec 14, 2021

Chennai (Tamil Nadu) [India], December 14 (ANI/BusinessWire India): B2B Segment and B2B Payment Business to business transactions are high-value transactions by nature, Business could...

CBI conducts raid in WB, Karnataka in IMPS transaction case worth Rs 820 cr involving UCO bank

Dec 05, 2023

The Central Bureau of Investigation (CBI) on Tuesday conducted searches at around 13 locations including West Bengal and Karnataka the premises of the accused...

RBI increases IMPS transaction limit to Rs 5 lakh per transaction

Oct 08, 2021

Mumbai (Maharashtra) [India], October 8 : The Reserve Bank of India (RBI) on Friday announced a revision in the transaction limit for the Immediate...

Finance Minister introduces Banking Laws (Amendment) Bill in Lok Sabha

Aug 09, 2024

The bill provides for amending the Reserve Bank of India Act, 1934, Banking Regulation Act 1949, State Bank of India Act, 1955, Banking Companies...

SBI makes online IMPS transactions upto Rs 5 lakh free

Jan 04, 2022

Mumbai [India], January 4 : The country's largest lender State Bank of India said on Tuesday it has decided to enhance the free IMPS...