Blogs under category: Banking Law & RBI

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RBI proposed to increase IMPS transactions to ₹5 Lakh from ₹ 2 Lakh

CS Lalit Rajput

RBI PROPOSED TO INCREASE  IMPS TRANSACTIONS TO ₹5 LAKH FROM ₹ 2 LAKH In view of the importance of the “Immediate Payment Service (IMPS) system in the processing of domestic payment transactions, it ........ View More

  • 09/10/2021
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RBI to impose Penalty Rs. 10,000 soon, for ATMs out of cash

CS Lalit Rajput

Key Highlights: Banks to be fined for non-availability of cash in ATMs. The RBI will start imposing penalties on banks in case the ATMs remain out-of-cash for a total period of 10 hours in a month ........ View More

  • 22/08/2021
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