SBI Instant Money Transfer: This is how you can withdraw money without a debit card

May 10, 2019

In the era of technology and every other thing moving at a fast pace, financial transactions should not be left behind. Instant Money Transfer is one such facility that many private and public banks provide to their customers. In this system, the funds are transferred from one party to another in real time. With instant transfer facilities by the banks, people no longer have to visit their bank branches to…

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Banks May Start Charging For UPI Transactions

May 10, 2019

UPI was introduced in India three years ago and in a bid to promote its use, these transactions remained free of cost. Positively, UPI registered a growth of 349 percent in terms of volume to close to 800 million and 452 percent in value to over Rs 1.3 lakh crore during the financial year 2018-19, according to NPCI’s (National Payments Corporation of India) data. However, according to a BloombergQuint report…

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