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The decision to keep the branches open on a holiday can impose a large financial burden on operational expenditures

LIC IPO: Bank officers union condemns RBI’s decision to open branches on Sunday

The IMPS or Immediate Payment Service is a 24X7 service introduced in 2010.

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LIC IPO: Bank officers union condemns RBI’s decision to open branches on Sunday

RBI recommends changes in IMPS transactions. Key things to know