The number of cyber frauds in India has spiked as more people start using mobile banking, NEFT and RTGS, a recent study by PwC and ASSOCHAM states. "Whether it's financial transactions ...

The Reserve Bank of India has removed the charges levied to process any online transaction through NEFT and RTGS system. The Central Bank has also decided to set up a committee to review the ...

The Reserve Bank of India (RBI) on Wednesday proposed to introduce a ‘beneficiary account name look-up facility’ for Real Time Gross Settlement System (RTGS) and National Electronic Funds ...

The Reserve Bank of India (RBI) has proposed a new feature that would allow RTGS and NEFT remitters to verify ... and your MPIN Step 6: Review the transaction details and confirm the transfer.