RBI to introduce risk-based deposit insurance premium; flat rate to act as ceiling
RBI's draft norms for standardised approach to credit risk coming soon
RBI Post-Policy Presser LIVE | Governor Sanjay Malhotra Addresses GDP Growth, Inflation & Rupee
RBI's ECL norms to improve risk management of loans set to kick in from April 2027
RBI rolls out digital makeover for Basic Savings Bank Deposit Accounts
Oct 01, 2025 12:17 PMGlobal funds doing well, China, Korea and Brazil are a good bet, says PGIM India CEO Abhishek Tiwari
Oct 01, 2025 11:55 AMRBI holds rates: Lower your EMI smartly with these steps to ease the home loan burden
Oct 01, 2025 11:19 AMToyoake’s smartphone curfew: Why one Japanese city is limiting screen time to two hours
Oct 01, 2025 12:56 PMAir India and Airbus forge new pilot training hub in Gurugram to power aviation ambitions
Oct 01, 2025 12:56 PMTanisha Mukerji steals the show with Dhunuchi dance at Mumbai’s Durga Puja Pandal
Oct 01, 2025 12:55 PMThe Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify each bank branch participating in electronic payment systems like NEFT, RTGS, and IMPS.
For banks in India, the IFSC code typically starts with four alphabet code (unique for each bank), followed by a zero (0), and ends with a unique branch code.
The IFSC code is structured as follows:
For example, the State Bank of India (SBI) IFSC code SBIN0001707 refers to the SBI Parliament Street branch, New Delhi. Here, the four alphabets ‘SBIN’ represents the bank code, ‘0’ is a control character, and the last six digits denote the specific branch.
How Can You Find Bombay Mercantile Co-operative Bank IFSC Code?