Yes Bank customers can now pay credit card, loans payments from other accounts

Yes Bank customers can now make credit card and loan payments from other bank accounts by using Immediate Mobile Payment Service (IMPS) or National Electronic Funds Transfer (NEFT) services, the troubled private lender said. Last week, the Reserve Bank of India (RBI) took over Yes Bank amid the backdrop of scandals in the country’s financial sector in the last couple of years.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2vU7tKT