In a major reform by RBI, all online payment transfers done through NEFT or RTGS are made charge-free. It means that millions of online banking users in India, who indulge in NEFT or RGTS payment ...

Fund transfer through RTGS and NEFT systems is set to become cheaper from Monday after the Reserve Bank of India decided it will not impose any charges on such transactions. After announcing its ...

NEFT, RTGS update: The Reserve Bank of India (RBI) will introduce the beneficiary account name look-up facility for the Real Time Gross Settlement (RTGS) System and National Electronic Funds Transfer ...

India has a variety of online methods available for transferring money, including digital wallets and UPI. However, with increasing incidents of cyber fraud leading to monetary losses, it is important ...

New Delhi: State Bank of India has waived charges on NEFT and RTGS transactions through internet and mobile banking from July 1, after the RBI decided to do away with the charges with an aim to move ...

The Reserve Bank of India (RBI) on Wednesday (April 7) extended National Electronic Funds Transfer (NEFT) and Real-Time Gross Settlement (RTGS) facilities beyond banks. RBI Governor Shaktikanta Das ...

Fund transfer through RTGS and NEFT systems have become cheaper from today after the Reserve Bank of India decided on its recent Monetary Policy Meet that it will not impose additional charges on such ...

For post office savings account holders there will be only one IFSC for all branches of post offices. Fund transfer for Post Office Savings Bank Account (POSB) holders has become much quicker than ...

The Reserve Bank of India (RBI) has introduced new changes in NEFT and RTGS systems for Foreign Contribution (Regulation) Act (FCRA) related transactions. This comes after the Home Ministry mandated ...

Non-bank payment system operators include Amazon Pay, Paytm, PhonePe, MobiKwik, PayU and Ola Pay etc. This will enable the users of these services to transfer funds via RTGS and NEFT modes. The ...