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 ...

Good news for those who use online banking modes like the RTGS and NEFT for making payments. RBI has increased the ambit of the RTGS and NEFT payment modes to non-bank entities payment space including ...

Transferring money from one account to another may seem like a big task to you. Spending half a day at the bank can really get annoying. Technology has transformed banking significantly. Banks offer ...

NEW DELHI: Over time the way people can transfer money online has been changing. There are various ways in which one can transfer money online including the National Electronic Fund Transfer (NEFT), ...

Indian banking system went digital more than a decade ago and it is still confusing to many who operate it. Digitalization of funds is what is on the Government's to do list every year with regular ...

The Reserve Bank of India on Wednesday said that it has allowed non-banks to participate in its Centralised Payment Systems (CPS) through Real Time Gross Settlement (RTGS) and National Electronic Fund ...

NEFT vs RTGS vs IMPS: While making money transactions, users remain confused about which mode of transferring money is best suited for them. NEFT vs RTGS vs IMPS: This will help you choose the best ...

The Real Time Gross Settlement (RTGS) service - another one used to transfer funds online - is operational during this period, according the RBI. The online banking users who use National Electronic ...

Most banks allow NEFT and RTGS transfers of up to Rs2-10 lakh. Some banks may waive off an upper limit for RTGS entirely, while others may allow customers to set their specific third-party transfer ...

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 ...