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

Serbia has established a coordination body to ensure a stable supply of oil and natural gas amid potential US sanctions on ...

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

The government in Belgrade has the funds to buy out the shares of Russian companies in the Serbian oil company NIS, reports ...

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

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

Currently, the Unified Payments Interface (UPI) and Immediate Payments Service (IMPS) systems enable a remitter to verify the ...

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

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

Based on the account number and IFSC code, the customer will be able to fetch the beneficiary's account name from the bank's ...