Jaipur (Rajasthan) [India], February 7: Transcorp International Limited has received in-principle approval from the Reserve Bank of India (RBI) for participation in Centralized Payment Systems (CPS), marking a significant development in its banking services infrastructure. The CPS authorisat
Mumbai (Maharashtra) [India], July 31: IDFC FIRST Bank is revolutionizing the banking landscape with its flagship savings account, offering a competitive interest rate of 7% per annum coupled with the unique benefit of monthly interest credits. This combination aims to help customers acceler
Mumbai (Maharashtra) [India], April 7 (ANI): The Reserve Bank of India (RBI) on Wednesday enhanced the maximum end-of-day balance limit for payment banks from Rs 1 lakh per individual to Rs 2 lakh with immediate effect.
Mumbai (Maharashtra) [India], June 6 (ANI): In an effort to boost digital payments, the Reserve Bank of India (RBI) on Thursday scrapped charges levied on Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) transactions.