While branch-based IMPS fees remain unchanged, online transfers above ₹25,000 will attract nominal charges between ₹2 and ₹10 plus GST.

The revised MAB requirements are not applicable to salary accounts, senior citizens/pensioners (above 60 years), basic savings bank deposit account/PM Jandhan Yojana, and accounts for people with special needs

The Reserve Bank of India is set to launch a faster cheque clearance system on October 4, 2025. This new system will significantly reduce the cheque processing time. Cheques will be cleared within hours of presentation. The current T+1 ...more

S&P says India’s GDP likely to grow 6.5% in FY26 despite 50% US duty on Russian oil-linked imports.

The rupee strengthened to 87.47 against the US dollar, boosted by a weaker greenback and positive domestic equity market sentiment. Easing crude oil prices and cooling inflation further supported the rupee. However, trade tariff uncerta ...more

CTS is being transitioned from the current approach of batch processing to continuous clearing with ‘on-realisation-settlement’. CTS currently processes cheques with a clearing cycle of up to two working days.

Aster DM anticipates stronger patient volumes, improved occupancy, and operational efficiencies in the coming years.

Brigade Group’s Q1 FY26 revenue grows 20% to ₹1,333 crore

ICICI Bank announces that, with immediate effect, the MAMB for such accounts will be Rs 15,000, instead of the Rs 50,000 decided earlier.

According to sources, the lender’s employees — especially relationship managers — were facing negative customer feedback with regard to the hike in MAB ceilings.