Published 10:34 IST, January 30th 2024
New IMPS rule: No beneficiary or IFSC needed for fund transfers starting Feb 1
NPCI, in their circular, has announced that users can now transfer funds via IMPS by simply providing the recipient's mobile number and bank account name.
![IMPS](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/WhatsAppImage2024-01-30at10.33.52-170659108121916_9.webp)
IMPS | Image:
Shutterstock
- Listen to this article
- 2 min read
Advertisement
10:34 IST, January 30th 2024