back Back

Indian bank boosts digital banking enhancing the limit on IMPS transactions

By Puja Sharma

January 05, 2022

  • AI
  • API
  • Assets
Share

SBI enhances the limit on IMPS transactions from Rs. 2 lac up to Rs. 5 lac with nil charges on transactions through digital channels. In an aim to encourage customers to adopt digital banking, SBI has not levied any Service Charges on IMPS transactions up to Rs. 5 lacs, done through Internet banking/Mobile Banking including […]

This article can only be read by subscribers. Subscribe to IBSi Premium or Sign in

Get access to IBSi Premium

Monthly issues of the iconic IBSi FinTech Journal

Chart of the Week curated by IBSi’s Research Team

Exclusive invitation to a flagship IBSi on-ground event of your choice


£19.99/monthly - Subscribe Now!
Previous Article

January 04, 2022

How InsurTech will shape the future of insurance market

Read More
Next Article

January 05, 2022

Improved regulation would drive crypto investments, study finds

Read More





Weekly Case Study

Chart of the Week

FinTech insights exclusively curated by the IBSi’s Research Team

Other Related News

July 19, 2024

SMEs leverage cloud to gain competitive edge, study shows

Read More

July 16, 2024

Rise in sophisticated attacks, state-level threats, and increased ransom DDoS Incidents

Read More

July 15, 2024

Global wealth growth rebounds with major shifts expected by 2030, research reveals

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Global FinTech Innovation Awards 2024

Here’s to the coolest in FinTech!
Nominate Now!
close-link
Nominate now! IBSi Global FinTech Innovation Awards 2024