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 ...

Serbia is prepared to buy out Russia’s shares in Naftna Industrija Srbije (NIS), a crucial energy company in the country, in ...

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

Telangana Cyber Security Bureau (TGCSB) raised awareness among senior citizens in Hyderabad about cyber scams. Officers ...

The Reserve Bank of India (RBI) has unveiled a significant step to enhance the safety and accuracy of digital transactions by ...

Sanctions not connected to Russia’s military activities or financial matters but appear to be aimed at pressuring Serbia to ...

The Delhi High Court has urged the RBI to fast-track the implementation of a system that verifies the beneficiary's name for ...

This facility will allow users to view and verify the name of the beneficiary before initiating a transaction, similar to the ...

The Reserve Bank of India has directed the National Payments Corporation of India to develop a feature allowing customers to ...

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

Serbian President Aleksandar Vucic has expressed concerns over the potential imposition of US sanctions on Naftna Industrija ...