Real Time Gross Settlement System

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'SBI is telling an utter lie'

'Mumbai main branch (SBI headquarters) has all the data ready-made. It doesn't take even an hour to out the data from the system.' IMAGE: A five-judge Constitution bench comprising Chief Justice......

Modi Bluster Missing From Budget

With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon. IMAGE: Finance Minister Nirmala Sitharaman leaves for Parliament to present the......

Money transacted online to lure voters in polls: EC

Innovative methods like transfer of funds through the RTGS banking system and concealment of currency wads inside car bonnets were detected by Election Commission as it took steps to curb the use......

'India can no longer afford to go soft on China'

'India cannot allow Beijing's policy of stabilising and destabilising the border at will to perpetuate its own ends.'A riveting excerpt from Manish Tiwari's 10 Flashpoints; 20 Years National......

Banks to settle in real time

In a paradigm shift for the Indian banking industry, the real-time gross settlement system was finally launched on a live platform today by the Reserve Bank of India. With this -- among other......

RBI to upgrade high-value fund transfer system

The Reserve Bank plans to upgrade its high-value online fund transfer system RTGS to enable handling of up to 50 lakh transactions a day and incorporate various new facilities for bank......

Major credit card issuers go live on Bharat Bill Payment Systems platform

Major credit issuers, including the largest — HDFC Bank — have integrated their systems with the Bharat Bill Payment Systems (BBPS) for receiving credit card repayments via third-party......

T+1 hinges on RTGS adoption, says Bajpai

Chairman of Securities and Exchange Board of India, G N Bajpai, told Business Standard on Monday that the T+1 settlement system can take off only after the real time gross settlement system is......

RBI enhances UPI Lite wallet limit to Rs 5,000

The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to Rs 5,000 and per-transaction limit to Rs 1,000, in order to encourage wider adoption of the popular instant......

Real Time Gross Settlement System

News for Real Time Gross Settlement System

'SBI is telling an utter lie'

Modi Bluster Missing From Budget

Money transacted online to lure voters in polls: EC

'India can no longer afford to go soft on China'

Banks to settle in real time

RBI to upgrade high-value fund transfer system

Major credit card issuers go live on Bharat Bill Payment Systems platform

T+1 hinges on RTGS adoption, says Bajpai

RBI enhances UPI Lite wallet limit to Rs 5,000

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