Showing of 0 - 10 from 25 results
Payment systems - Total results - 25
Apr 07, 2017
NEFT transfer to get quicker as RBI cuts clearance time; settlement cycle reduced to half-hourly batchesThis will enhance the efficiency of the NEFT system and add to customer convenience, deputy governor Kanungo said.
Mar 30, 2017
RBI says all payment systems to remain closed on 1 AprilThere is no change with regard to the payment channels, including RTGS and NEFT, being operative as a normal working day during 25 March to 1 April
Feb 02, 2017
Budget 2017: Digitisation thrust aimed at cleaning up India, writes Ficci presidentSetting up a mission with a target of 2,500 crore digital transactions for 2017-18 through UPI, USSD, Aadhar Pay, IMPS and debit cards will also provide the necessary direction to the government’s agenda of building a cashless economy.
Jan 20, 2017
NPCI advises ICICI Bank to open UPI transactions through PhonePe AppThe national financial service UPI enables bank account holders to send and receive money from their respective smartphones without the need to enter bank account information or net banking details.
Jun 24, 2016
RBI releases framework on payments systems aiming at less-cash societyArray
Dec 22, 2015
Post licence small financial banks can join payment system, says RBIIn a separate statement, RBI said to encourage innovators in the area of Payment and Settlement System, the central bank has announced 'Payment System Innovation Awards'.
Nov 28, 2014
RBI issues final norms for uniform payment collection systemThe apex banks has set a Rs 100-crore net worth and domestic registration as qualifying conditions for those seeking to be authorised collection agents.
Aug 08, 2014
Good news: Reserve Bank pushes for 'anytime, anywhere' bill payment systemBill payment is a major component of the retail payment transactions as over 3,080 crore bills amounting to more than Rs 6,00,000 crore are generated each year in the top 20 cities in the country.<br />
May 08, 2013
Why RBI's proposed Indian Bill Payment System will make life easierThe RBI on its website proposed yesterday proposed an Indian Bill Payment System (IBPS), which will provide a single platform for all banks, aggregators, billers and customers to pay the bills.
Jun 28, 2012
RBI promotes electronic payments for 'less-cash' economyIn a move to switch to a 'less-cash' economy, the RBI proposed to proactively promote electronic transactions and make them safe, efficient, interoperable.