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Small-time traders across the city display signs at their shops indicating that they would accept money via PayTM. They added that the service has come in handy for them after demonetisation. (Photo: Asian Age)

Mobile wallets will enable unlimited transfer of funds: Paytm

Company says RBI guidelines released this month will enable mobile wallets to gain access to more functionalities.

27 Oct 2017 10:06 AM

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI surplus transfer to govt rises 63.08 pc in FY 2018

A surplus of Rs 50,000 crore was transferred to the central government in FY18.

29 Aug 2018 9:47 AM

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Additional 11 batches to transfer funds via NEFT from July 10

Total number of half hourly settlement batches during the day will increase to 23.

8 May 2017 2:59 PM