New IMPS Rules Coming Into Effect Tomorrow: Check How Sending Money Will Get Simpler
Now, users can transfer funds using just a mobile number and the recipients bank account name.
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Now, users can transfer funds using just a mobile number and the recipients bank account name.
Customers have to use the new CANARA IFSC for receiving funds through NEFT/RTGS/IMPS
Customers irked by service issues in merged public sector banks April 02, 2021 Fear break in receipts, payments as they have not been able to update IFSC Codes or issue new MICR cheques Customers of public sector banks that got merged with larger peers fear either missing out on dividend payments or facing cheque-bounce charges on post-dated instruments as they have not been able to intimate companies and lenders about the changed IFSC Code of their branches or issue new MICR cheques before the March 31, 2021 deadline. They want this deadline extended as updating the new Indian Financial Sy...