IDFC FIRST Bank Pioneers Real-Time Tracking for International Transfers with Swift GP
The Business Guardian|November 06, 2024
IDFC FIRST Bank has become the first Indian bank to offer a real-time tracking service, in association with Swift, for money sent abroad.
IDFC FIRST Bank Pioneers Real-Time Tracking for International Transfers with Swift GP

This is available on the bank's award-winning Mobile Application and Internet Banking platforms. This marks a significant milestone in the Indian banking industry, demonstrating the Bank's commitment to delivering seamless and efficient banking solutions, reiterating its "Customer First" approach.

Customers in India are used to digital payments through UPI or IMPS with real-time status updates and traceability on digital platforms. However, the same has been missing when it comes to money sent abroad. With customers expecting end-to-end tracking of their food delivery or even a parcel, IDFC FIRST Bank has pioneered in providing the same for a critical service like cross-border payments.

Denne historien er fra November 06, 2024-utgaven av The Business Guardian.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra November 06, 2024-utgaven av The Business Guardian.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE BUSINESS GUARDIANSe alt
SC dismisses plea of Jayalalitha's niece for release of assets
The Business Guardian

SC dismisses plea of Jayalalitha's niece for release of assets

The Supreme Court on Friday dismissed a plea filed by former Tamil Nadu Chief Minister J Jayalalitha's one of the legal heirs challenging a Karnataka High Court order of January 13, which declined to return the movable and immovable assets, seized by the authorities, in the multi-crore disproportionate assets case.

time-read
1 min  |
February 16, 2025
Food subsidy accounts for over 50% of total Govt subsidy so far in FY25
The Business Guardian

Food subsidy accounts for over 50% of total Govt subsidy so far in FY25

The food subsidy has been the largest component of the government's total subsidy expenditure so far in the financial year 2024-25, accounting for more than 50 per cent of the total amount disbursed.

time-read
1 min  |
February 16, 2025
The Business Guardian

Court pulls up lawyer over misuse of video conferencing

Delhi's Karkardooma Court on Friday reprimanded a lawyer, Mehmood Pracha, for misusing video conferencing facilities by appearing while walking in an open land and subsequently from a moving motor vehicle.

time-read
1 min  |
February 16, 2025
ECONOMIC CONSEQUENCES OF TAX RELIEFS IN INDIA
The Business Guardian

ECONOMIC CONSEQUENCES OF TAX RELIEFS IN INDIA

In a surgical strike, perfectly timed to coincide with the Delhi elections, Finance Minister Nirmala Sitharaman cut income tax rates across the board from 1st April 2025.

time-read
3 mins  |
February 16, 2025
SC Extends Interim Protection From Arrest To Former IAS Trainee
The Business Guardian

SC Extends Interim Protection From Arrest To Former IAS Trainee

The Supreme Court on Friday extended its interim order of granting protection from arrest to former Indian Administrative Service (IAS) trainee officer Puja Khedkar, accused of forging her documents to obtain eligibility for the 2022 Union Public Service Commission test.

time-read
1 min  |
February 16, 2025
India's Inflation to Average 4.8% in 2025
The Business Guardian

India's Inflation to Average 4.8% in 2025

India's inflation is expected to average around 4.8 percent in 2025.

time-read
1 min  |
February 16, 2025
FPIs Took Out About Rs 1 Lakh Crore in Last 1.5 Months From Indian Markets
The Business Guardian

FPIs Took Out About Rs 1 Lakh Crore in Last 1.5 Months From Indian Markets

Foreign investors have been aggressively selling Indian equities since the beginning of 2025, with total outflows now approaching the Rs 1 lakh crore mark.

time-read
1 min  |
February 16, 2025
Decisive action needed on ultra-processed food products
The Business Guardian

Decisive action needed on ultra-processed food products

Warning labels, ad bans, and health taxes—India must act now to curb obesity and diabetes.

time-read
4 mins  |
February 16, 2025
The Business Guardian

Adani Green Withdraws From USD 442 Mn Sri Lanka Wind Power Project

Adani Green Energy announced on Thursday that it is withdrawing from the renewable energy (RE) wind power project and two transmission projects in Sri Lanka.

time-read
1 min  |
February 16, 2025
PM Modi to Participate in Bharat Tex
The Business Guardian

PM Modi to Participate in Bharat Tex

Prime Minister Narendra Modi will participate in Bharat Tex 2025 on Sunday.

time-read
1 min  |
February 16, 2025