Good news! RTGS fund transfer service to be available 24X7 from December 2020
Currently, Real Time Gross Settlement System (RTGS) is available for customers from 7.00 am to 6.00 pm on all working days of a week.
Nov 30, 2020, 09:34 AM IST
Good news on RTGS fund transfer! Service to be available 24X7 from December 2020
Currently, Real Time Gross Settlement System (RTGS) is available for customers from 7.00 am to 6.00 pm on all working days of a week.
Oct 09, 2020, 18:03 PM IST
Yes Bank account holders can pay their loans, credit card dues using NEFT, IMPS
The moratorium on withdrawals and difficulty in withdrawing amounts from bank ATMs and branches has put the customers in a lot of difficulties.
Mar 10, 2020, 17:15 PM IST
Airtel Payments Bank customers to enjoy 24x7 NEFT facility
Airtel Payments Bank on Thursday said it has enabled 24x7 NEFT transfers in line with the Reserve Bank of India`s (RBI) guidelines.
Dec 26, 2019, 15:04 PM IST
State Bank of India waives off IMPS, NEFT, RTGS charges
Immediate Payment Service (IMPS) is an instant interbank electronic fund transfer service through mobile phones. It is also being extended through other channels such as ATM, Internet Banking, etc.
Jul 12, 2019, 15:24 PM IST
Banks to waive all charges on fund transfer through RTGS, NEFT from July 1
The Reserve Bank levies minimum charges on banks for transactions routed through its RTGS meant for large-value instantaneous fund transfers and the NEFT System for other fund transfers. Banks, in turn, levy charges on their customers.
Jun 12, 2019, 10:47 AM IST
No transaction charges on NEFT, RTGS – Know what is NEFT and RTGS
NEFT is an electronic fund transfer system in which the transactions received up to a particular time are processed in batches. Contrary to this, in RTGS, the transactions are processed continuously on a transaction by transaction basis throughout the RTGS business hours.
Jun 11, 2019, 11:45 AM IST
No charges on RTGS, NEFT online transactions; RBI to issue notification soon
The RBI decision to make RTGS and NEFT free from charges will benefit lakhs of users who conduct online transaction.
Jun 06, 2019, 12:32 PM IST
RBI directs banks to participate in special clearing operations on March 31
The RBI has also advised member banks "to be in readiness to participate in the Centralised Payment Systems (RTGS and NEFT) on March 31, 2018.
Mar 29, 2018, 20:45 PM IST
Digital payments up, debit card use declines: Report
According to the report, the usage of debit card has been weak and the total debit card transactions have seen a modest decline -- both in terms of value and volume.
Sep 25, 2017, 16:35 PM IST
RBI to remain open on July 1 to facilitate transactions
Reserve Bank will remain open on July 1 for services such as transfer of funds through NEFT and RTGS from 11 AM onwards.
Jun 29, 2017, 19:30 PM IST
NEFT transfer to get quicker as RBI cuts clearance time
The Centres for Financial Literacy (CFL) will be set up under a common name and logo, Money-wise Centre for Financial Literacy.
Apr 06, 2017, 19:43 PM IST
Govt should restrict corporate tax at 25% with cesses, surcharges: PHDCCI
Government should restrict corporate tax at 25 percent with cesses and surcharges, PHD Chamber of Commerce and Industry has said.
Jan 21, 2017, 18:31 PM IST
Sebi reduces brokers fee by 25 percent
The Securities and Exchange Board of India (Sebi) on Saturday announced reduction of 25 per cent in the fee payable by brokers and also decided to amend regulations to enable the market participants to make payments to the regulator through digital mode.
Jan 14, 2017, 19:15 PM IST
RBI to remain open to facilitate transactions on July 1
Reserve Bank today said its offices will remain open on July 1 to facilitate public transactions and settlement of market transactions.
Jun 28, 2016, 20:51 PM IST
RBI relaxes reporting of NEFT transactions by non-A/C holders
The Reserve Bank Thursday said it is discontinuing a two-year-old provision where banks had to submit data pertaining to NEFT transactions by walk-in customers not having an account with them.
Mar 17, 2016, 22:50 PM IST
DNA: Sweden on track to becoming first cashless nation!
Sweden is on track to becoming the world's first cashless society, thanks to the country's embrace of information techology as well as a crackdown on organised crime and terror, according to a new
Oct 20, 2015, 23:01 PM IST
NSE extends waiver of processing fee for MF distributors
The move is aimed at leveraging the stock exchange platform, which would eventually help MF distributors
May 14, 2015, 18:47 PM IST
