IndusInd Bank gets empanelled as Agency Bank to RBI
With this, IndusInd Bank joins ranks with few other private banks of the country to carry out general banking business on behalf of the central and state government, while also offering customers - the convenience of undertaking routine financial transactions through its banking platform, the bank said in a release.
Now get salary, pension credited on Sundays and bank holidaysNACH is a bulk payment system operated by the NPCI which facilitates one-to-many credit transfers such as payment of dividend, interest, salary, pension, as also collection of payments pertaining to electricity, gas, telephone, water bills, periodic installments towards loans, investments in mutual funds, insurance premium etc.
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