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What is difference between RTGS and NEFT payments

A bank account is important for everyone. And in recent times, the government has been boosting up …

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RBI directs all banks to keep branches open till March 31 for annual closing

The central bank has written a letter to all the agency banks that they should keep their designate…

ANI   


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NEFT can be done round the clock now, says RBI

The Reserve Bank of India said the National Electronic Funds Transfer would be available round th…

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Online fund transfers via NEFT and RTGS to cost less as charges are removed

“In order to provide an impetus to digital funds movement, it has been decided to do away with t…

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India’s largest bank SBI waives off charges on NEFT, IMPS and RTGS

India’s largest public sector bank, State Bank of India (SBI) has waived off charges on National El…

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RBI moves to make online bank transfer cheaper, to review ATM charges

“In order to provide an impetus to digital funds movement, it has been decided to do away with t…

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Paying credit card bills on the last due date will no longer cost you late payment charges — thanks to round-the-clock NEFT

Those who use credit cards know that there is nothing like a last-minute payment. Most of the pay…

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RTGS will be available 24/7 starting December this year

In December 2019, the National Electronic Funds Transfer (NEFT) system was made available on a 24x7…

PTI   


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RTGS fund transfer system will be available 24x7 in the next few days, says RBI

Currently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a wee…

PTI   


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NEFT transactions to be available 24x7 from Dec 16

Mumbai, Dec 6 () In a bid to promote digital transactions, the RBI on Friday said round-the-clock t…

PTI   


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Delhi HC seeks RBI stand on PIL seeking uniform banking code for foreign exchange transactions

The Delhi High Court on Monday sought a response from the Reserve Bank of India (RBI) on a Public I…

ANI   


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IDFC First Bank announces zero-free banking on savings accounts

The Bank has waived off fees on 25 commonly-used banking services related to savings accounts such …

ANI   


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After Coinbase disables UPI payments, CoinSwitch Kuber halts rupee deposits

CoinSwitch Kuber, the popular crypto trading platform has completely halted rupee deposits on its p…

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Adding money to your Paytm wallet can’t get easier than this

Contactless payments have grown 6x in the last few years. And if there’s one player which has had a…

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Paytm se UPI — a nod to cashless economy

Traditional methods of fund transfer, such as Immediate Payment Service (IMPS), Real Time Gross Set…

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RBI starts publishing daily data on select payment systems

The Reserve Bank captures volume and value of transactions undertaken in payments systems operated …

PTI   


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Banks in India are reportedly softening their stance on crypto trading

Banks allowing for crypto transactions may not entirely have to do with them becoming crypto…

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INTERVIEW: Here’s why this cash management firm is going for an IPO when Indians are being pushed to go cashless

Mumbai-based cash management company CMS Info Systems that has opened its initial public offering (…

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RBI cuts money market trading hours by half to reduce stress on its staff

All markets operations including term money, market repo and tri-party repo in government securi…

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Yes Bank users can now make over Rs 2 lakh payments towards loans, credit cards via other bank a/cs

The bank on Tuesday allowed inward IMPS and NEFT services to enable its customers to make payments…

PTI