Sun, Jun 30, 2024
"The board has already given approval, and merchant bankers should be on-boarded by August," Punjab & Sind Bank managing director and CEO Swarup Kumar Saha told PTI.
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Sat, Mar 02, 2024
National Electronic Funds Transfer (NEFT) system and the Real Time Gross Settlement (RTGS) system are being managed by the Reserve Bank to settle retail and wholesale payments, respectively.
Fri, Jun 02, 2023
RBI is planning to introduce a lightweight payment and settlement system (LPSS) that can operate from anywhere with minimal staff. The LPSS will be activated on a need basis and will operate independently of existing payment systems, such as RTGS, NEFT, and UPI.
Thu, Jun 08, 2017
UPI distinguished itself from other digital payment mode because of its no charges from banks, one-touch.
Mon, Jan 23, 2017
Find out what are Budget 2017 expectations of payment gateway companies like Telr, Payoneer, Atom Technologies, TechProcess Payment Services, RazorPay, Chillr, Happay and PayU India.
Tue, Dec 27, 2016
The committee to review the framework related to digital payments under Ratan Watal, Officer of Special Deputy in the Ministry of Finance, presented its report to the government on Tuesday.
Mon, Dec 05, 2016
Two private bank officials were arrested in connection with the laundering of money during the demonetisation drive.
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