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Germanys biggest lender Deutsche Bank on Friday admitted to a massive erroneous transfer of 28 billion euros (USD 34 billion) in a routine operation, more than the entire bank is worth.

Deutsche Bank makes 28 billion euros transfer in error

Deutsche Bank on Friday admitted to a massive erroneous transfer of 28 billion euros.

20 April 2018 4:16 PM IST

Digital transactions in October shot up to 965 million transactions, the highest ever so far. (Photo: Pexels)

RTGS system for customer transactions to open at 7 am from Aug 26: RBI

The NEFT system is used for fund transfers of up to Rs 2 lakh, and RTGS for those above this threshold.

22 Aug 2019 8:47 AM IST

Reserve Bank of India (RBI)

RBI to allow round-the-clock fund transfers under NEFT from December

RBI had said that it will make available the NEFT system on a 24x7 basis from December 2019.

7 Aug 2019 1:46 PM IST

Rival digital payments services have pointed out exceptions that have been applied to WhatsApps service.

Axis Bank set to partner with WhatsApp for UPI

WhatsApp has tied up with ICICI Bank to launch its payment service last month.

8 March 2018 11:12 AM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

No charges now on fund transfer of up to Rs 1000: SBI

For IMPS, charge will be Rs 5 alongwith GST for fund transfer in range of Rs 1,000 to Rs 1 lakh.

12 July 2017 1:25 PM IST

WhatsApp is of the most popular messaging platforms for sharing information. Random news is known for spreading rumours and scams.

Whatsapp to introduce payment via UPI; talks with SBI, NCPI on

WhatsApp is in discussions with State Bank of India, NPCI and few other banks to devise ways to integrate their systems.

23 Jun 2017 1:27 PM IST