These banks have changed their IFSC codes, update details to make online transactions - Know how
Finance Minister, Nirmala Sitharaman had announced the merger of ten public-sector banks into four in August 2019
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Updated: Jul 11, 2021, 12:41 PM IST
If you are facing trouble while making online transactions or net banking then this news is for you. Recently, due to the merger of several public-sector banks, banks will have to get new IFSC codes (Indian Financial System Codes) in accordance with the post-merger regulations. If your bank is among those listed in the mergers, the old IFSC codes will no longer be valid for online transactions through NEFT, RTGS or IMPS routes.
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