Internet banking or online banking in India has over the years grown by many folds. The use of internet banking is today widespread all over India and the Government of India is putting great efforts to further push the use of internet bank and digital payments thru mobile and other devices in the country.
One of the major reasons for this push is to discourage the use of cash for payment. Now it is a well known fact that in order to transfer funds from one bank to another be it the same bank or a different bank one needs all account related information including IFSC code which is a bank branch code through which the payments are digitally transferred.
...
Read more »