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2. Unified Payments Interface - Wikipedia

   en.wikipedia.org/wiki/Unified_Payments_Interface

   Unified Payments Interface, commonly referred to as UPI, is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. [1][2] It is used on mobile devices to instantly transfer ...

3. Digital rupee - Wikipedia

   en.wikipedia.org/wiki/Digital_rupee

   paisa. India. The Digital Rupee (e₹)[ 6 ] or eINR or E-Rupee is a tokenised digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC). [ 7 ] The Digital Rupee was proposed in January 2017 and launched on 1 December 2022. [ 8 ]

4. Canara Bank - Wikipedia

   en.wikipedia.org/wiki/Canara_Bank

   13.36%. Website. canarabank.com. Footnotes / references. [2] Canara Bank is an Indian public sector bank based in Bangalore, India. Established in 1906 at Mangalore by Ammembal Subba Rao Pai. The bank was nationalized in 1969. Canara Bank also has offices in London, Dubai and New York.

5. Telegraphic transfer - Wikipedia

   en.wikipedia.org/wiki/Telegraphic_transfer

   Historically telegraphic transfer meant a cablegram from one bank to another in order to effect the transfer of money, hence the name. [1] This was later replaced by a message directly between banks via a telex network and then later by electronic funds transfer. Despite the obsolescence of the technology that spawned the term, the term is ...

6. Ammembal Subba Rao Pai - Wikipedia

   en.wikipedia.org/wiki/Ammembal_Subba_Rao_Pai

   Notable work. Canara Bank founder. Ammembal Subba Rao Pai (19 November 1852 – 25 July 1909) was a leading lawyer of Mangalore, India. He was the founder of Canara Bank, now one of India's leading banks, and Canara High School in Mangalore. Though he was a lawyer and a banker by profession, he was an educationist and social reformer by ...

7. Payment and settlement systems in India - Wikipedia

   en.wikipedia.org/wiki/Payment_and_settlement...

   The Reserve Bank of India (India's Central Bank) maintains this payment network. Real-time gross settlement is a funds transfer mechanism where transfer of money takes place from one bank to another on a 'real time' and on 'gross' basis. This is the fastest possible money transfer system through the banking channel.