NEFT transactions will now be settled in half-yearly batches. The Reserve Bank of India today operationalised 24×7 NEFT facility from 12.00 am today. In the first eight hours, over 11 lakh NEFT ...
HDFC Bank and Axis Bank have informed their combined 140 million customers about potential service disruptions this weekend due to system upgrades. Both banks are enhancing their core banking systems, ...
You need to transfer money in India and require it to be done seamlessly. NEFT, RTGS, and IMPS are three options that may come to mind. All three payment systems offer speed, convenience, and ...
After making National Electronic Funds Transfer (NEFT) system 24x7, the Reserve Bank of India (RBI) has now instructed banks to make all online payments done through NEFT and RTGS free of cost for ...