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.
Asian stocks drop, bonds jump as Trump tariffs sap risk
S&P 500 futures sank over 3.5% while contracts on the Nasdaq 100 slid 4.5%. Shares in Australia, Japan and South Korea tumbled at the open