RTGS
NEFT transactions to be available 24x7 from Dec 16
RTGS is meant for large-value instantaneous fund transfers, while NEFT is used for fund transfers of up to Rs 2 lakh.
RTGS system for customer transactions to open at 7 am from Aug 26: RBI
The NEFT system is used for fund transfers of up to Rs 2 lakh, and RTGS for those above this threshold.
State waives fees for drought-hit kids
The government directed the state-owned MSRTC to issue free renewal of passes to students of schools and junior colleges.
State Bank of India waives off IMPS, NEFT and RTGS charges
This means that SBI account holders will not have to pay fees for online money transfers.
NEFT, RTGS charges to be off from July 1
The Reserve Bank of India on Tuesday said it will waive all charges on fund transfer through popular RTGS and NEFT systems from July 1.
Walmart India activates UPI on its B2B e-commerce platform
UPI is in addition to various other payment modes such as credit card, debit card, net banking and e-wallets.
Ex-bank officer among three held for cheating
One person, Ranjit, who was present at the spot was apprehended by the police.
HDFC Bank makes RTGS, NEFT online transactions free from Nov 1
NEFT or RTGS transaction carried out at the bank branch will be payable.
AAP for full digitisation of government departments
The Delhi government finance department has also issued a circular asking all its departments to adopt digital mode of payments at the earliest.
SBI revises IMPS charges, scraps fee for Rs 1,000 transaction
Country's largest public sector bank says move aims to promote small ticket transactions.