NEFT records a high of over 4 crore single-day transactions

Mar 02, 2024

The National Electronic Funds Transfer (NEFT) system has achieved a milestone by processing over 4 crore transactions, the highest number of transactions processed in...

Finance Ministry advises banks not to levy charges on electronic transactions

Aug 30, 2020

New Delhi [India], Aug 30 : The Union Ministry of Finance has advised all the banks not to collect any charges on transactions or...

Finance Ministry advises banks not to levy charges on electronic transactions

Aug 30, 2020

New Delhi [India], Aug 30 : The Union Ministry of Finance has advised all the banks not to collect any charges on transactions or...

RBI issues master directions for entities operating on electronic trading platforms

Apr 29, 2024

According to the guidelines, these directions will not apply to electronic systems operated by scheduled commercial banks and standalone primary dealers for transactions in...

Forex transaction on unauthorised ETPs will lead to penal action, says RBI

Feb 03, 2022

Mumbai (Maharashtra) [India], February 3 : The Reserve Bank of India (RBI) on Thursday cautioned the people not to undertake forex transactions on unauthorised...

RBI offices to remain open for greater convenience of taxpayers on March 30, 31

Mar 22, 2024

In a statement on special measures for the current financial year (2023-24) and in the wake of the annual closing of government accounts, the...