Topic: Bank

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

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Maktoob Staff - November 28, 2023

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

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Maktoob Staff - March 14, 2020

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.