neft

Mumbai: Reserve Bank of India Governor Shaktikanta Das on Friday announced that the Real Time Gross Settlement (RTGS) payment system will be available round the clock from December 2020 to make online fund transfers smooth. The RTGS system…

National Electronic Funds Transfer (NEFT) transactions are now available round-the-clock. Starting Monday, the first settlement took place at 00:30 hours on December 16. “The system will be available on all days of the year, including…

The Reserve Bank of India (RBI) has decided to make the National Electronic Funds Transfer (NEFT) system available 24x 7 from December 16. "The system will be available on all days of the year, including holidays," RBI said in a…

New Delhi: Funds transfers through NEFT and RTGS are set to become cheaper from July 1 following a direction from the Reserve Bank of India against imposing charges on such transactions. The State Bank of India, for example, levy charges…

The Reserve Bank of India (RBI) on Thursday removed bank charges on NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement) transactions. "In order to provide an impetus to digital funds movement, it has been…