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CBI searches 13 locations in various cities in UCO Bank's Rs 820 cr IMPS transaction incident

CBI searches 13 locations in various cities in UCO Bank's Rs 820 cr IMPS transaction incident

Dec 06, 2023, at 07:00 am

New Delhi: The Central Bureau of Investigation (CBI) has filed an FIR related to IMPS transactions amounting to Rs 820 crore in UCO Bank in November this year.

Finance Ministry asks public sector banks to examine and enhance cybersecurity

Finance Ministry asks public sector banks to examine and enhance cybersecurity

Nov 20, 2023, at 12:02 am

New Delhi: The Finance Ministry has asked state-owned banks to reassess their digital operations in light of the recent UCO Bank incident, media reports said.

SBI to not levy service charge on online IMPS transactions up to Rs 5 lakhs

SBI to not levy service charge on online IMPS transactions up to Rs 5 lakhs

Jan 05, 2022, at 05:26 am

Mumbai/IBNS: Public sector lender State Bank of India Tuesday said it would not levy any service charge on online Immediate Payment Service (IMPS) transactions up to Rs 5 lakh.

SBI enhances the limit on IMPS transactions from Rs. 2 lac upto Rs. 5 lac with nil charges on transactions through Digital Channels

SBI enhances the limit on IMPS transactions from Rs. 2 lac upto Rs. 5 lac with nil charges on transactions through Digital Channels

Jan 04, 2022, at 11:07 pm

Mumbai: In an aim to encourage customers to adopt digital banking, SBI has not levied any Service Charges on IMPS transactions upto Rs. 5 lacs, done through Internet banking/Mobile Banking including YONO.