Roll out ‘beneficiary look-up’ for RTGS & NEFT by Apr 1: RBI

Based on the account number and IFSC code, the customer will be able to fetch the beneficiary’s account name from the bank’s core banking solution (CBS). The facility will also be available to remitters visiting branches for making transactions.

More To Explore

6 penny stocks soared 20-60% in a week

Our selection criteria focused on stocks with a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume