{"id":28697,"date":"2025-05-29T22:13:29","date_gmt":"2025-05-29T16:43:29","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=28697"},"modified":"2025-05-29T22:31:41","modified_gmt":"2025-05-29T17:01:41","slug":"rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/","title":{"rendered":"Name Lookup Feature for NEFT and RTGS Introduced by RBI: Enhancing Transaction Security"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/#RBI_Introduces_Name_Lookup_for_NEFT_and_RTGS_A_New_Milestone_in_Payment_Systems\" >RBI Introduces Name Lookup for NEFT and RTGS: A New Milestone in Payment Systems<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/#Key_Features_of_the_Name_Lookup_Facility\" >Key Features of the Name Lookup Facility<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/#Impact_on_Digital_Payment_Security\" >Impact on Digital Payment Security<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/#Why_This_News_is_Important\" >Why This News is Important<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/#Enhanced_Security_for_Digital_Transactions\" >Enhanced Security for Digital Transactions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/#Facilitating_Easier_Transactions_for_Users\" >Facilitating Easier Transactions for Users<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/#Promoting_a_Digital_Economy\" >Promoting a Digital Economy<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/#Historical_Context\" >Historical Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/#Key_Takeaways_from_RBI_Introduces_Name_Lookup_for_NEFT_and_RTGS\" >Key Takeaways from RBI Introduces Name Lookup for NEFT and RTGS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/#Important_FAQs_for_Students_from_this_News\" >Important FAQs for Students from this News<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/#1_What_is_the_name_lookup_feature_introduced_by_the_RBI\" >1. What is the name lookup feature introduced by the RBI?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/#2_How_does_the_name_lookup_feature_enhance_transaction_security\" >2. How does the name lookup feature enhance transaction security?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/#3_Which_payment_systems_are_affected_by_this_new_feature\" >3. Which payment systems are affected by this new feature?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/#4_Why_is_the_RBI_implementing_this_feature_now\" >4. Why is the RBI implementing this feature now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/#5_How_will_this_feature_affect_the_Indian_banking_system\" >5. How will this feature affect the Indian banking system?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-discover-how-the-rbis-new-name-lookup-feature-for-neft-and-rtgs-enhances-the-security-of-digital-transactions-reduces-errors-and-promotes-trust-in-the-banking-system-learn-about-its-importance\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RBI_Introduces_Name_Lookup_for_NEFT_and_RTGS_A_New_Milestone_in_Payment_Systems\"><\/span><strong>RBI Introduces Name Lookup for NEFT and RTGS: A New Milestone in Payment Systems<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Reserve Bank of India (RBI) has introduced a significant feature in the National Electronic Funds Transfer (NEFT) and Real-Time Gross Settlement (RTGS) systems: the name lookup feature. This addition aims to streamline and enhance the security of digital transactions in India. It allows individuals to verify the beneficiary\u2019s name before initiating a transfer. This move is expected to reduce errors, mitigate fraud risks, and increase the transparency of financial transactions across the country.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Features_of_the_Name_Lookup_Facility\"><\/span><strong>Key Features of the Name Lookup Facility<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Under the new initiative, the name lookup feature enables users to confirm that the recipient\u2019s name matches the account number they are transferring funds to. This measure will not only boost confidence in electronic transactions but also serve as a protective mechanism for both senders and receivers. It will be available for all NEFT and RTGS transactions, facilitating safer and more accurate money transfers. The name verification will be conducted by the banks, ensuring that the details of the beneficiary are cross-checked before the transaction is processed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impact_on_Digital_Payment_Security\"><\/span><strong>Impact on Digital Payment Security<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The name lookup feature comes at a crucial time as the country continues to push towards a cashless economy. With increasing instances of online fraud and accidental fund transfers, this initiative by the RBI will enhance the reliability and security of digital payment systems. It will also help in addressing the concerns of customers who previously experienced issues such as transferring funds to wrong accounts. Moreover, it reinforces the RBI&#8217;s commitment to adopting technology that safeguards public interest while promoting the growth of a digital-first financial ecosystem.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\" id=\"RBI-name-lookup-feature-NEFT-RTGS\"><img decoding=\"async\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2025\/01\/RBI-name-lookup-feature-NEFT-RTGS.jpg\" alt=\"RBI name lookup feature NEFT RTGS\n\" class=\"wp-image-28707\" width=\"530\" height=\"353\" title=\"RBI name lookup feature NEFT RTGS\"\/><figcaption class=\"wp-element-caption\">RBI name lookup feature NEFT RTGS<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_News_is_Important\"><\/span><strong>Why This News is Important<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Enhanced_Security_for_Digital_Transactions\"><\/span><strong>Enhanced Security for Digital Transactions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The introduction of the name lookup feature is a step toward ensuring secure and error-free digital transactions. This initiative will safeguard customers against the risk of transferring money to the wrong account, a problem that has plagued online banking services. By cross-checking the beneficiary&#8217;s name with the account number before processing the payment, it minimizes the risk of fraud and human error. In a time when digital payment systems are becoming increasingly popular, this feature is vital for boosting trust and reliability among users.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Facilitating_Easier_Transactions_for_Users\"><\/span><strong>Facilitating Easier Transactions for Users<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>This feature is crucial for users who often face challenges when transferring funds online, especially when they are unsure whether they have entered the correct details. The name lookup facility removes the guesswork, making the process smoother and more efficient. It will encourage more people to use digital payment methods, knowing that their transactions are safeguarded against errors or fraud.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Promoting_a_Digital_Economy\"><\/span><strong>Promoting a Digital Economy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>This move by the RBI is aligned with India\u2019s broader vision of a cashless economy, where digital transactions play a pivotal role. By reinforcing the security of digital platforms, the RBI is contributing to a more robust financial ecosystem that can handle the growing volume of electronic transactions efficiently and securely.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context\"><\/span><strong>Historical Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The evolution of payment systems in India has been marked by significant milestones, with the RBI playing a central role in modernizing the country\u2019s financial infrastructure. The introduction of NEFT (National Electronic Funds Transfer) and RTGS (Real-Time Gross Settlement) in the early 2000s revolutionized the way money transfers were conducted in India. These systems allowed for quick, secure, and paperless transactions, facilitating a shift from traditional methods of transferring funds to more technologically advanced solutions.<\/p>\n\n\n\n<p>As digital payments grew in popularity, the RBI continued to innovate and implement new features to enhance security and efficiency. The name lookup feature is a natural progression in the evolution of digital banking, ensuring that the country&#8217;s growing base of users can perform transactions with confidence. This initiative is also part of the RBI&#8217;s ongoing efforts to combat fraud and ensure that the financial system remains secure and reliable for everyone.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_RBI_Introduces_Name_Lookup_for_NEFT_and_RTGS\"><\/span><strong>Key Takeaways from RBI Introduces Name Lookup for NEFT and RTGS<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th><strong>Serial No.<\/strong><\/th><th><strong>Key Takeaway<\/strong><\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>The RBI has introduced a name lookup feature for NEFT and RTGS systems to ensure the beneficiary\u2019s name matches the account number before processing payments.<\/td><\/tr><tr><td>2<\/td><td>The name lookup feature will reduce errors and minimize the risk of transferring money to the wrong account, thereby enhancing transaction security.<\/td><\/tr><tr><td>3<\/td><td>This initiative promotes transparency and security, making digital transactions more reliable and trustworthy for users.<\/td><\/tr><tr><td>4<\/td><td>The move aligns with India\u2019s goal of promoting a cashless economy by enhancing the security and efficiency of digital payment systems.<\/td><\/tr><tr><td>5<\/td><td>The name verification process will be carried out by banks, ensuring accuracy before the transfer is completed, further building confidence in the system.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">RBI name lookup feature NEFT RTGS<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_FAQs_for_Students_from_this_News\"><\/span>Important FAQs for Students from this News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_What_is_the_name_lookup_feature_introduced_by_the_RBI\"><\/span><strong>1. What is the name lookup feature introduced by the RBI?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The name lookup feature is a security enhancement for digital transactions using the NEFT and RTGS systems. It allows users to verify the beneficiary\u2019s name before transferring funds to ensure the account number and name match, reducing errors and preventing fraud.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_How_does_the_name_lookup_feature_enhance_transaction_security\"><\/span><strong>2. How does the name lookup feature enhance transaction security?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>This feature minimizes the risk of transferring funds to the wrong account by cross-checking the beneficiary&#8217;s name with the account number before completing the transaction. This added layer of verification enhances the overall security of digital payments.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Which_payment_systems_are_affected_by_this_new_feature\"><\/span><strong>3. Which payment systems are affected by this new feature?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The name lookup feature applies to two key payment systems in India: National Electronic Funds Transfer (NEFT) and Real-Time Gross Settlement (RTGS), both of which are widely used for electronic money transfers.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_Why_is_the_RBI_implementing_this_feature_now\"><\/span><strong>4. Why is the RBI implementing this feature now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The feature is introduced to reduce the growing concerns around fraud and human error in online banking, especially as digital payments continue to rise. It aims to make electronic transactions more reliable and trustworthy for users.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_How_will_this_feature_affect_the_Indian_banking_system\"><\/span><strong>5. How will this feature affect the Indian banking system?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>This initiative will improve the efficiency and reliability of the digital payment ecosystem in India, encouraging more users to adopt online banking solutions while ensuring safer transactions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/sports\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sports Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--3\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/international\/\" target=\"_blank\" rel=\"noreferrer noopener\">International Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/banking\/\" target=\"_blank\" rel=\"noreferrer noopener\">Banking Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/railway\/\" target=\"_blank\" rel=\"noreferrer noopener\">Railways Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/defence\/\" target=\"_blank\" rel=\"noreferrer noopener\">Defence Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--4\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs?newsmaticargs=custom&amp;posts=today\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--5\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairsinhindi\/\" target=\"_blank\" rel=\"noreferrer noopener\">Current Affairs In Hindi<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--6\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/news-and-notifications\/\" target=\"_blank\" rel=\"noreferrer noopener\">News and Notifications<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg\" alt=\"Download this App for Daily Current Affairs MCQ&#039;s\" class=\"wp-image-247\" title=\"\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-300x50.jpg 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-768x128.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Download this App for Daily Current Affairs MCQ&#8217;s<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"News-Website-Development-Company\"><a href=\"https:\/\/www.martindiainfotech.com\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png\" alt=\"News Website Development Company\" class=\"wp-image-438\" title=\"News Website Development Company\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-300x50.png 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-768x128.png 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">News Website Development Company<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>RBI Introduces Name Lookup for NEFT and RTGS: A New Milestone in Payment Systems The Reserve Bank of India (RBI) has introduced a significant feature in the National Electronic Funds Transfer (NEFT) and Real-Time Gross Settlement (RTGS) systems: the name lookup feature. This addition aims to streamline and enhance the security of digital transactions in&#8230;<\/p>\n","protected":false},"author":6,"featured_media":28708,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,14],"tags":[18773,841,3686,18776,18775,18777,339,18772,18774],"class_list":["post-28697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-banking","tag-digital-payment","tag-financial-security","tag-indian-banking","tag-name-lookup","tag-neft","tag-online-banking","tag-rbi","tag-rtgs","tag-transaction-security"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/28697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=28697"}],"version-history":[{"count":2,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/28697\/revisions"}],"predecessor-version":[{"id":34347,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/28697\/revisions\/34347"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/28708"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=28697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=28697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=28697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}