Internet banking Current Affairs, GK & News

NPIC to export UPI, sets up subsidiary: RBI Governor

The Unified Payment Interface was introduced in India in 2016. Based on its performance, Google has recommended similar service called FedNow to the US Federal Reserve Board. With its growing popularity, the RBI on December 16, 2019 announced that NPCI will set up a subsidiary to export UPI. India is already extending the app to ..

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Internet Facility for Post Office Savings Bank Customers Launched

India Post has started internet facility of the customers of Post office savings bank account. The facility was launched by Union Minister for Communication (independent charge) Manoj Sinha at National Media Centre, New Delhi. Revamped version of Indian Post website and e-commerce portal for rural artisans were also launched at event. Facilities available to Customers ..

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