Fri, Jul 05, 2019
FM Sitharaman said, "To promote other electronic modes of payment, it is proposed to amend these provisions to also allow payment or receipt through other prescribed electronic modes."
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Mon, Jun 10, 2019
Reserve Bank of India (RBI) made some major announcement in June, 2019 policy. Among these was the waiving off charges imposed in the Real Time Gross Settlement System (RTGS) and National Electronic Funds Transfer (NEFT). Instructions for this will be soon communicated to banks.
Fri, Jun 07, 2019
There will not be any RTGS fee imposed on your transactions soon. Apart from saving money for customers, this will boost transactions via this mode further.
Thu, Jun 06, 2019
The traditional instant money transfer mode namely National Electronic Fund Transfer (NEFT) and Real Time Gross Settlement (RTGS) platforms will become more attractive further.
Mon, May 27, 2019
Over a decade things have changed and one would agree that the most traditional form of transferring money anywhere were National Electronic Fund Transfer (NEFT) and Real Time Gross Settlement (RTGS).
Sat, Feb 16, 2019
IMPS service allows you to send money immediately. It allows you to send a maximum of Rs 2 lakh for seven days and 24 hours.
Wed, Jan 16, 2019
Customers having a normal bank account with lenders like SBI, ICICI Bank, HDFC Bank, Yes Bank, Axis Bank, BoB and many more, have to pay an extra sum for their services like NEFT, IMPS, RTGS and even ATM withdrawals
Thu, Jun 08, 2017
UPI distinguished itself from other digital payment mode because of its no charges from banks, one-touch.
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