The Qatar Central Bank's Real Time Gross Settlement System (RTGS) settled 0.65mn large value electronic transactions worth ...

There have been many instances where remitters remitted funds to the wrong beneficiary. This new rule will help to limit the ...

The RBI is launching a beneficiary account name look-up feature for RTGS and NEFT systems to prevent incorrect fund transfers ...

The RBI has mandated that financial institutions offering RTGS and NEFT services adopt a beneficiary account name ...

Around 300 IAS, IPS & Indian Forest Service officers had paid Rs 25 lakh each for a 500-sq.yd plot in Amaravati during ...

Lucknow: Samajwadi Party's Pratapgarh MP SP Singh Patel has accused a woman of defrauding him of Rs 1.6 crore under the pretext of selling him land for a school in Anand Nagar under Alambagh police ...

The Delhi High Court has urged the RBI to fast-track the implementation of a system that verifies the beneficiary's name for ...

The Reserve Bank of India (RBI) is set to roll out a significant update for the National Electronic Funds Transfer (NEFT) and ...

Tax laws determine a person's residency status based on their stay in India. To ease compliance for non-resident taxpayers, ...

The Reserve Bank of India has announced a new initiative to introduce a beneficiary account name look-up facility for RTGS ...

RBI mandates banks to offer beneficiary account name look-up facility for RTGS and NEFT transactions by April 1, 2025.