Bank Transfer Day

A day after a real-time payments system linkage was established between India and Singapore using the UPI platform, State Bank of India on Wednesday announced a partnership with PayNow, the online payment system of the city state, for cross-border payments. The facility is offered through SBI's Bhim SBIPay mobile application and the linkage will al...

All 1.5 lakh post offices in India will be connected to the core banking system that will enable people to access their account online and also transfer money within post office accounts and to other banks, Finance Minister Nirmala Sitharaman announced on Tuesday.

Facebook's WhatsApp messaging service relaunched on Tuesday its transfer money services between individuals in Brazil, after it was blocked by the central bank nearly one year ago, Chief Executive Mark Zuckerberg said in a Tuesday video.

Two days before the first phase of Assembly elections in Assam, state Finance Minister Himanta Biswa Sarma said the government will transfer Rs 1,000 every month in the bank accounts of tea workers.

RTGS, which is meant for high-value instant fund transfers, is currently available on all working days of the week except the second and fourth Saturdays, between 7.00 am to 6.00 pm

A day after it arrested Bineesh Kodiyeri, the son of Kerala CPI(M) leader Kodiyeri Balakrishnan, the Enforcement Directorate said on Friday that he allegedly credited "huge amount of unaccounted funds" into the bank accounts of a drug peddler.

The transfer has been staggered over a period of five days to avoid rush at the bank branches.

The facility is used to electronically transfer funds of banks which are members of this system, from one account to another. "The system will be available on all days of the year, including holidays," RBI said in a notification.

An online facility provided by the Income Tax Department enables taxpayers to claim any excess payment of tax. It also enables the income tax assessees to check the status of a refund online, through the e-governance website of National Securities Depository Limited (NSDL) - tin.tin.nsdl.com. The taxman refunds the excess tax through an electronic ...

The rupee climbed by 54 paise against the US dollar to end at 71.48 on Tuesday, recovering from a more than nine-month closing low registered in the previous session. With this jump, the rupee posted its biggest single-day gain against the dollar in more than five months. The gain came after the Reserve Bank of India decided on a transfer of Rs 1.7...

Online SBI internet banking: From July 1, SBI waived its charges on RTGS and NEFT transactions initiated through online banking and YONO. From August 1, the country's largest bank has decided to waive its charges applicable to IMPS transactions initiated through net banking, mobile banking as well as mobile app YONO. From the same day, it has also...

Days before the national election, Rahul Gandhi today announced what he called a "historic" minimum income guarantee scheme assuring Rs 72,000 a year for India's poorest families if the Congress came to power.

IMPS charges: One can transfer money through IMPS at any time or day, irrespective of holidays, under certain conditions.

The CBI officer probing the case against former ICICI Bank chief Chanda Kochhar, her husband Deepak Kochhar and Videocon head Venugopal Dhoot, was transferred on Thursday -- a day after a case against them was filed. The agency's move had drawn criticism from Union minister Arun Jaitley, who called it "investigative adventurism" and said it was one...

Bank employees have called a strike on Wednesday, December 26, a day after the December 25 holiday for Christmas. With the failure of conciliation talks, about 10 lakh employees in private and government banks would go on strike on December 26 protesting against the merger of Bank of Baroda, Dena Bank and Vijaya Bank, trade union All India Bank Emp...

A day after a real-time payments system linkage was established between India and Singapore using the UPI platform, State Bank of India on Wednesday announced a partnership with PayNow, the online payment system of the city state, for cross-border payments. The facility is offered through SBI's Bhim SBIPay mobile application and the linkage will al...

All 1.5 lakh post offices in India will be connected to the core banking system that will enable people to access their account online and also transfer money within post office accounts and to other banks, Finance Minister Nirmala Sitharaman announced on Tuesday.

Facebook's WhatsApp messaging service relaunched on Tuesday its transfer money services between individuals in Brazil, after it was blocked by the central bank nearly one year ago, Chief Executive Mark Zuckerberg said in a Tuesday video.

Two days before the first phase of Assembly elections in Assam, state Finance Minister Himanta Biswa Sarma said the government will transfer Rs 1,000 every month in the bank accounts of tea workers.

RTGS, which is meant for high-value instant fund transfers, is currently available on all working days of the week except the second and fourth Saturdays, between 7.00 am to 6.00 pm

A day after it arrested Bineesh Kodiyeri, the son of Kerala CPI(M) leader Kodiyeri Balakrishnan, the Enforcement Directorate said on Friday that he allegedly credited "huge amount of unaccounted funds" into the bank accounts of a drug peddler.

The transfer has been staggered over a period of five days to avoid rush at the bank branches.

The facility is used to electronically transfer funds of banks which are members of this system, from one account to another. "The system will be available on all days of the year, including holidays," RBI said in a notification.

An online facility provided by the Income Tax Department enables taxpayers to claim any excess payment of tax. It also enables the income tax assessees to check the status of a refund online, through the e-governance website of National Securities Depository Limited (NSDL) - tin.tin.nsdl.com. The taxman refunds the excess tax through an electronic ...

The rupee climbed by 54 paise against the US dollar to end at 71.48 on Tuesday, recovering from a more than nine-month closing low registered in the previous session. With this jump, the rupee posted its biggest single-day gain against the dollar in more than five months. The gain came after the Reserve Bank of India decided on a transfer of Rs 1.7...

Online SBI internet banking: From July 1, SBI waived its charges on RTGS and NEFT transactions initiated through online banking and YONO. From August 1, the country's largest bank has decided to waive its charges applicable to IMPS transactions initiated through net banking, mobile banking as well as mobile app YONO. From the same day, it has also...

Days before the national election, Rahul Gandhi today announced what he called a "historic" minimum income guarantee scheme assuring Rs 72,000 a year for India's poorest families if the Congress came to power.

IMPS charges: One can transfer money through IMPS at any time or day, irrespective of holidays, under certain conditions.

The CBI officer probing the case against former ICICI Bank chief Chanda Kochhar, her husband Deepak Kochhar and Videocon head Venugopal Dhoot, was transferred on Thursday -- a day after a case against them was filed. The agency's move had drawn criticism from Union minister Arun Jaitley, who called it "investigative adventurism" and said it was one...

Bank employees have called a strike on Wednesday, December 26, a day after the December 25 holiday for Christmas. With the failure of conciliation talks, about 10 lakh employees in private and government banks would go on strike on December 26 protesting against the merger of Bank of Baroda, Dena Bank and Vijaya Bank, trade union All India Bank Emp...