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SBI bank account holders alert! IMPS transaction limit, charges to change: Check all details

SBI introduced some new charges for IMPS transactions via the offline mode. Customers who go to the bank to make transfers will have to pay these charges. ....

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IMPS transaction limit raised to Rs 5 lakh; framework for retail digital payments in offline modes soon: Shaktikanta Das

The RBI Governor said that this move was important as IMPS plays an important role in instant domestic fund transfers while ensuring consumer convenience at the same time. ....

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IMPS Transaction Limit News: Reserve Bank of India Proposes To Increase Limit On IMPS Transaction To Rs 5 Lakh

RBI proposed to increase limit on Immediate Payment Service (IMPS) transaction to Rs 5 lakh per transaction from Rs 2 lakh. ....

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