Real Time Gross Settlement And National Electronic Funds Transfer

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RTGS fund transfer to be available 24x7 from December

In a business friendly move, the Reserve Bank of India on Friday said that Real Time Gross Settlement System (RTGS), used for large value transactions, will be made available round-the-clock from......

From December you can transfer funds via NEFT 24x7

The RBI has decided to allow round-the-clock fund transfers through NEFT from December this year in order to promote digital transactions. The decision, the Reserve Bank of India said, "is......

NEFT to remain unavailable for 14 hrs on May 23

The popular National Electronic Funds Transfer (NEFT) system for online transfer of funds will remain unavailable for 14 hours from Saturday mid-night till Sunday afternoon due technical upgrade,......

Banks may seek your OK for fund transfer to your account

Under the proposed mechanism, the finance ministry has said banks will notify customers when someone tries to deposit money in their accounts, a government official said. Banks may soon seek......

FAQ: Just what are NEFT and RTGS?

National Electronic Fund Transfer and Real Time Gross Settlement allow individuals, companies and firms to transfer funds from one bank to another. You can check the RBI website for a list of......

Real Time Gross Settlement And National Electronic Funds Transfer

News for Real Time Gross Settlement And National Electronic Funds Transfer

RTGS fund transfer to be available 24x7 from December

From December you can transfer funds via NEFT 24x7

NEFT to remain unavailable for 14 hrs on May 23

Banks may seek your OK for fund transfer to your account

FAQ: Just what are NEFT and RTGS?

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