There have been many instances where remitters remitted funds to the wrong beneficiary. This new rule will help to limit the ...

The RBI is launching a beneficiary account name look-up feature for RTGS and NEFT systems to prevent incorrect fund transfers ...

The RBI has mandated that financial institutions offering RTGS and NEFT services adopt a beneficiary account name ...

AdatSoft ERP solution streamlines agricultural transactions, enhances transparency, and empowers farmers and commission ...

Bokaro: Irregularities have surfaced in the Mukhyamantri Maiya Samman Yojana as a man was discovered among the scheme's beneficiaries during verificat.

RBI mandates banks to offer beneficiary account name look-up facility for RTGS and NEFT transactions by April 1, 2025.

The Reserve Bank of India has announced a new initiative to introduce a beneficiary account name look-up facility for RTGS ...

The Reserve Bank of India (RBI) is set to roll out a significant update for the National Electronic Funds Transfer (NEFT) and ...

RBI is introducing a new mandate for all banks to introduce name lookup while adding beneficiary details for payment.

In a significant ruling, the Delhi High Court has asked the Reserve Bank of India to expeditiously activate the process of ...

Mumbai: A 75-year-old businessman lost Rs 1.02 lakh in a scam involving fake bookings for Mahakumbh Mela cottages and flights ...