New IMPS system aims to enhance the ease and accuracy of financial transactions. To understand how this revamped IMPS will operate and what happens when you hold multiple accounts within the same bank ...

For amounts-Rs 25,000 and up to Rs 1 lakh: Rs 2 + GST Rs 1 lakh and up to Rs 2 lakh: Rs 6 + GST Rs 2 lakh and up to Rs 5 lakh: Rs 10 + GST These transactions were free earlier. The revised rates do ...

Users will be able to transfer money through Immediate Payment Service (IMPS) by just adding the receiver's mobile number and bank account name from February 1, the National Payments Corporation of ...

Kolkata-based UCO Bank has temporarily suspended online Immediate Payment System (IMPS) transfers after experiencing issues where funds from transactions initiated by customers from other banks were ...

Starting from February 1, the Immediate Payment Service (IMPS) in India will undergo a significant change that will make transferring money between bank accounts even more convenient. The National ...

Users will soon be able to transfer money up to ₹5 lakh through Immediate Payment Service (IMPS) just by using the mobile number and bank account name of the receiver, reported news publication The ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The immediate payment service (IMPS) ...

UCO Bank has made the IMPS money transfer option offline after a technical glitch caused some transactions initiated by holders of other banks and credit to the Uco Bank account holders without actual ...

Country's largest bank SBI has waived charges for fund transfer of up to Rs 1,000 through its IMPS (Immediate Payment Service) to promote small transactions. State Bank of India had been charging Rs 5 ...

The country's largest lender State Bank of India (SBI) has revised charges on fund transfers through the IMPS (Immediate Payment Service) effective from August 15. Although there is no change in ...