Soon, RTGS facility may be available 24X7

The domestic market, though, will likely continue to function as per normal market hours, but an international financial centre operates round the clock in such markets where investors could be......

Centre limits charges on electronic fund transfer

In order to encourage digital transactions, the Union finance ministry on Wednesday asked public sector banks to restrict fees on payments through Immediate Payment Service and Unified Payment......

Who will win the Super App race in India?

A super app is the golden key to the customer for any company selling products or services at the retail level. Illustration: Dominic Xavier/Rediff.com Unlike the race to buy airwaves by telecom......

RBI crack team in secret location keeps financial system going

The idea is to keep the RBI’s information technology (IT) infrastructure in top shape to run the payments and settlement system uninterrupted 24x7, and run the full gamut of RBI functions......