NEFT

IMPS glitch: UCO Bank recovers ₹649 crore out of ₹820 crore

November 16, 2023 · Banking

After certain account holders of UCO Bank received a total of around ₹820 crore in “erroneous credits” via the Immediate Payment Service (IMPS), Uco Bank on Thursday said…

Daily UPI transactions jump 50% to 36 crore: RBI

March 6, 2023 · Banking

Reserve Bank of India Governor Shaktikanta Das on Monday said payments through UPI (unified payment interface) have grown exponentially in the past 12 months with daily transactions crossing…