The Reserve Bank of India (RBI) has proposed the introduction of a beneficiary account name look-up facility for the Real Time Gross Settlement (RTGS) System and National Electronic Funds Transfer ...

Charges for making fund transfer via NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement) or IMPS (Immediate Payment Service) mode vary. SBI or State Bank of India has recently ...

With effect from today, the Reserve Bank of India (RBI) has waived off all charges on fund transfer through Real Time Gross Settlement System (RTGS) and National Electronic Funds Transfer (NEFT) ...

After announcing its decision to waive all charges on fund transfer through RTGS and NEFT systems from July 1, the Reserve Bank of India (RBI) had also asked banks to pass on the benefits to customers ...

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 ...

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 ...

Most banks allow NEFT and RTGS transfers of up to Rs2-10 lakh. Some banks may waive off an upper limit for RTGS entirely, while others may allow customers to set their specific third-party transfer ...

The country’s largest bank, which has about 25 per cent market share, has also decided to do away with the charges on fund transfer through mobile phones using the IMPS (immediate payment service) ...

India has a variety of online methods available for transferring money, including digital wallets and UPI. However, with increasing incidents of cyber fraud leading to monetary losses, it is important ...