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Can RBI's digital currency replace physical cash?

Despite the demonetisation of 2016 and the rise in digital transactions that followed, the economy’s dependence on cash has remained as high as ever. Illustration: Dominic Xavier/Rediff.com......

Is India finally moving towards a 'less cash' economy?

The Unified Payment Interface could propel banking system into a new era The Unified Payment Interface (UPI), which was launched recently, should considerably ease the process of retail......

Easy ways to transfer money abroad

Unlike PSBs' requirement for a lot of paperwork, some private banks offer easier platform to transfer money abroad, like ICICI's Money2World. Sending money abroad could be cumbersome and expensive.......

Facebook, ATMs for transferring money? It's instant, safe

Fund transfer through Facebook is meant for tech-savvy customers. A group of friends are having dinner at an upmarket restaurant. During which, they post pictures of one another, the food and the......

Funds transfer: What you should know

Reserve Bank of India, the country's central bank has in place a number of facilities to help easy and effective transfer of funds to the banks across the nation. However, the RBI is also seen......

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