Safe Banking Alert: RBI Introduces Anti-Fraud Measures for RTGS, NEFT
The Reserve Bank of India (RBI) has announced exciting new measures aimed at enhancing the security and usability of digital payment systems, particularly through Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT). Beneficiary Account Name Look-Up Facility In a bid to combat fraud and reduce the likelihood of erroneous credits, the RBI … Read more