Big Government Payments to Go Through RBI e-Kuber From July 16
From July 16, 2025, all Indian government payments above ₹75 crore must be made through the RBI’s e-Kuber system. This step aims to bring more transparency, faster processing, and quicker tracking of big payments. The system will help in managing funds more smoothly and will shorten the time taken to match records.
Starting July 16, all payments made by central government departments that are more than ₹75 crore must go through the Reserve Bank of India (RBI)’s e-Kuber system. This system is an online platform that helps the RBI settle money transfers for the government and other banks.
Earlier, only payments over ₹500 crore were required to go through e-Kuber. Now, that limit has been brought down. For some types of payments, the limit is now ₹100 crore. In the future, the government may lower the threshold further to ₹50 crore, making the rule stricter.
The main reason for this move is to make the payment system faster, cleaner, and more accurate. With e-Kuber, it will take just 24 hours to match account details, instead of waiting for many days. It also helps in real-time tracking of how money is being spent by different departments. This improves transparency and ensures there is no misuse or delay in big payments.
e-Kuber is a special online system developed by the RBI. It is used to manage transactions between the government and banks. It helps settle payments quickly and safely. With this rule, the government wants to use technology to streamline fund transfers and reduce mistakes or delays in payments.
This change is especially useful for departments that handle large amounts of money, such as those working on infrastructure, defense, or social welfare.
Officials say that this is only the beginning. Over time, the limit may be lowered to ₹50 crore, covering even more transactions. This step is part of the government’s wider push to make public finance more digital, accountable, and efficient.
India has many cities that are famous for their unique industries, and some of them…
Some deserts are extremely hot, but some remain cold throughout the year. These cold deserts…
In today’s world, news media plays a very important role in sharing information quickly and…
PNB Housing Finance has announced the appointment of Ajai Kumar Shukla as its new Managing…
In a major push towards deepening financial inclusion, the Department of Posts (DoP) and BSE,…
India’s retail inflation, measured by the Consumer Price Index (CPI), increased modestly to 0.71% in…