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BusinessToday.In
September 16, 2019
The State Bank of India has revised service charges for deposits and withdrawal as well as ATM transactions that will kick in on October 1. Here's all you need to know.


BusinessToday.In
New Delhi, September 11, 2019
Under the revised rule, if someone does not maintain Rs 3,000 as average monthly balance and falls short by 50 per cent (that is Rs 1,500) the individual will be charged Rs 10 plus GST.


BusinessToday.In
New Delhi, August 26, 2019
This is the second time RBI has increased the time period for RTGS payment system. The apex bank had extended RTGS timings by one-and-a-half hours to 6pm from June 1.


BusinessToday.In
August 22, 2019
From Monday, the RTGS system will be available for customer transactions from 7 am onwards, instead of 8 am currently


PTI
August 21, 2019



Naveen Kumar
New Delhi, August 19, 2019
How to manage your money better by using latest apps and other digital upgrades


BusinessToday.In
August 15, 2019
The regulator says non-cash withdrawal transactions such as balance enquiry and fund transfers, and financial transactions that fail due to technical reasons or non-availability of currency notes in ATM can't be counted among the 5 free transactions per month


PTI
New Delhi, August 8, 2019
Currently, the National Electronic Funds Transfer (NEFT) operated by the RBI as a retail payment system is available for customers from 8 am to 7 pm on all working days with the exception of second and fourth Saturdays of a month


BusinessToday.In
New Delhi, August 7, 2019
MPC Meet: With the fourth cut in a row, the repo rate stands lowest level in the past nine years; RBI trims GDP growth forecast for current fiscal to 6.9 per cent from 7 per cent predicted previously


Vineet Arora
July 16, 2019
It is interesting to note that The Insurance Regulatory and Development Authority of India (IRDAI) has stated that, as on March 31, 2018, the total unclaimed amount stood at Rs 15,166.47 crores.


PTI
New Delhi, July 13, 2019
As World Bank MD and CFO, Kant will be responsible for financial and risk management of the World Bank Group, reporting to the President.


PTI
July 12, 2019



BusinessToday.In
New Delhi, July 12, 2019
SBI IMPS charges: The charges will also be zero for the users who want to transfer funds via its app Yono, internet banking and mobile banking.


BusinessToday.In
New Delhi, July 8, 2019
Some withdrawals were for business needs including by cash management companies that manage ATMs, while some withdrawals in 2017-18 are believed to be for illicit purposes.


BusinessToday.In
New Delhi, July 7, 2019
Retail credit card companies, which make decent profit on business from large retailers, will now be affected as retailers will be inclined to provide other e-payment options to customers


BusinessToday.In
July 5, 2019
Budget 2019: No charges or MDR shall be imposed on customers as well as on the merchants. The RBI and banks will absorb these costs from the savings that will accrue to them on account of handling less cash


Reuters
July 1, 2019
The government does not have any plans to infuse funds in privately-held shadow banks, she said in a written reply.


PTI
New Delhi, July 1, 2019
The Appointments Committee of the Cabinet has approved re-appointment of Vishwanathan as the deputy governor for a period of one more year with effect from July 4 this year


BusinessToday.In
New Delhi, July 1, 2019
No NEFT, RTGS charges: The RBI had also asked banks to pass on the benefits of the same to its customers.


PTI
Mumbai, June 30, 2019
The real-time gross settlement (RTGS) system is meant for large-value instantaneous fund transfers, while the national electronic funds transfer (NEFT) system is used for fund transfers of up to Rs 2 lakh


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