Sunday, December 3, 2023

Topic: Bank

Union govt plans 4-hour delay for first UPI transfer over Rs 2,000 to prevent fraud: Report

Officials suggest a potential four-hour timeframe for the first transaction over Rs 2,000, encompassing various digital payment methods like Immediate Payment Service (IMPS), Real Time Gross Settlement (RTGS), and Unified Payments Interface (UPI).

Moratorium on Yes Bank to be lifted on Wednesday

The government has notified the Yes Bank reconstruction scheme as per which the moratorium on the troubled private sector lender will be lifted on March 18.