Sun, Jun 30, 2024
"The board has already given approval, and merchant bankers should be on-boarded by August," Punjab & Sind Bank managing director and CEO Swarup Kumar Saha told PTI.
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Tue, Mar 21, 2023
The RBI wrote a letter to banks on Tuesday, highlighting that all government transactions done by agency banks for 2022–2023 must be accounted for within the same financial year
Wed, Aug 17, 2022
RBI Issued discussion paper on charges on payment system. All inclusive including RTGS, NEFT, UPI and Debit, Credit Card, PPI. Will the charges on online payment be reduced? Know full details from Anurag Shah.
Tue, Jan 04, 2022
In an aim to encourage digital transactions among its customers, the largest public sector lender in the country has not levied any service charges on Immediate Payment Service (IMPS) transactions up to Rs 5 lakh.
Wed, Jul 28, 2021
PSPs include prepaid payment instrument (PPI) issuers, card networks, white label ATM (WLA) operators and trade receivables discounting system (TReDS) platforms.
Wed, Apr 07, 2021
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 Prepaid Payment Instrument (PPI) issuers, Card Networks, White Label ATM (WLA) operators, Trade Receivables Discounting System (TReDS) platforms)
Tue, Dec 15, 2020
Paytm payouts service: After the Reserve Bank of India (RBI) allowed 24*7 RTGS facility, Paytm on Tuesday launched its 24*7 RTGS service as part of its Payout service
Mon, Dec 14, 2020
The feature of positive confirmation for credit to beneficiary accounts is also available in RTGS.
Wed, Dec 09, 2020
It's a big proud moment for India as the Reserve Bank of India (RBI) has announced the date for the launching of RTGS 24x7.
Sun, Nov 29, 2020
The Reserve Bank of India (RBI) has allowed 24/7 transfer of funds through Real-Time Gross Settlement (RTGS) round-the-clock from December1.
Thu, Oct 22, 2020
NEFT vs RTGS vs IMPS: While making money transactions, users remain confused about which mode of transferring money is best suited for them.
Fri, Oct 09, 2020
RBI on Friday said that Real Time Gross Settlement System (RTGS) will be made available round-the-clock from December 2020.
While the entire focus was on RBI's decision to keep the rates unchanged, Governor Shaktikanta Das made another major announcement - he has allowed Real Time Gross Settlement (RTGS) payment system to be made available round the clock from December 2020 to make online fund transfer smooth.
Tue, Jan 07, 2020
NEFT and RTGS have been allowed free of cost for all Indian banks for its customers but not the IMPS. So, use IMPS only when it's necessary.
Sat, Nov 09, 2019
In a big relief to banking customers, the Reserve Bank of India (RBI) has directed banks not to charge savings account holders for NEFT with effect from January 2020.
Thu, Aug 22, 2019
In another bid to promote digital transactions in the country, the Reserve Bank of India (RBI) has extended the customer transactions timing for Real Time Gross Settlement (RTGS) system by an hour.
Fri, Jul 12, 2019
SBI charges on RTGS and NEFT for YONO, internet banking (INB) and mobile banking (MB) customers have been waived off from July 1, 2019.
Mon, Jul 01, 2019
Fund transfer through RTGS and NEFT systems have become cheaper from today after the Reserve Bank of India decided on its recent Monetary Policy Meet that it will not impose additional charges on such transactions.
Sun, Jun 30, 2019
Here's good news for online banking users. From tomorrow, fund transfer through RTGS and NEFT systems would become cheaper.
Mon, Jun 17, 2019
Come July 1, 2019, RTGS and NEFT transactions would become free!
Wed, Jun 12, 2019
Following up on the announcement made on June 6 after the bi-monthly monetary policy review, the Reserve Bank of India on Tuesday evening announced that it will waive all charges on fund transfer through popular RTGS and NEFT systems from July 1.
Mon, Jun 10, 2019
The customers just have to know certain details like bank account number, bank IFSC code, and name for the online transaction to be done. Customers can transfer money to the account of any person with an account in the same bank or any other bank.
Fri, Jun 07, 2019
The Reserve Bank of India has woken up to the persistent demand of common men and the industry to reduce ATM transaction fee and charges.
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