Real Time Gross Settlement And National Electronic Funds Transfer

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RBI enhances UPI Lite wallet limit to Rs 5,000

The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to Rs 5,000 and per-transaction limit to Rs 1,000, in order to encourage wider adoption of the popular instant......

Major credit card issuers go live on Bharat Bill Payment Systems platform

Major credit issuers, including the largest — HDFC Bank — have integrated their systems with the Bharat Bill Payment Systems (BBPS) for receiving credit card repayments via third-party......

Electronic fund transfers set to become free

The government has asked the Reserve Bank of India to work out a framework under which funds could be transferred electronically free of charge from one account to the other.These suggestions were......

RBI restrains commercial card payments by a network

The Reserve Bank of India (RBI), on Thursday issued orders restraining commercial transactions routed through intermediaries by a card network. Photograph: Shailesh Andrade/Reuters The central......

RTGS fund transfer to be available 24x7 from December

In a business friendly move, the Reserve Bank of India on Friday said that Real Time Gross Settlement System (RTGS), used for large value transactions, will be made available round-the-clock from......

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Real Time Gross Settlement And National Electronic Funds Transfer

News for Real Time Gross Settlement And National Electronic Funds Transfer

RBI enhances UPI Lite wallet limit to Rs 5,000

Major credit card issuers go live on Bharat Bill Payment Systems platform

Electronic fund transfers set to become free

RBI restrains commercial card payments by a network

RTGS fund transfer to be available 24x7 from December

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