Tag: Reserve Bank Of India
Photo: AI ImageBanks to Remain Open This Sunday Ahead of UFBU Strike: Finance Ministry
New Delhi: All banks, including Regional Rural Banks, will remain open on Sunday for the convenience of customers in view of a strike called by the United Forum of Bank Unions (UFBU), the finance ministry said in a statement on Wednesday. The UFBU, which claims to represent 90 per cent of the banking workforce, is…
Photo: AI ImageNo Charges on RuPay and UPI Payments Up to ₹2,000: Centre Issues Gazette Notification
New Delhi: The government has directed banks and payment system providers not to levy charges on Unified Payments Interface (UPI) transactions of up to Rs 2,000 or on payments made through RuPay debit cards. However, the government has not specified whether charges would be applicable to transactions above Rs 2,000, to be paid by merchants.…
