NEFT is an electronic fund transfer system that operates on a Deferred Net Settlement (DNS) basis, which settles transactions in batches. You must have heard about NEFT, RTGS and IMPS earlier also, ...

NEW DELHI: Over time the way people can transfer money online has been changing. There are various ways in which one can transfer money online including the National Electronic Fund Transfer (NEFT), ...

IMPS vs NEFT vs RTGS: In the transforming digital era, money transferring has become easier and more convenient than ever. With various payment methods available, customers can now send and receive ...

NEFT, RTGS update: The Reserve Bank of India (RBI) will introduce the beneficiary account name look-up facility for the Real Time Gross Settlement (RTGS) System and National Electronic Funds Transfer ...

The Reserve Bank of India (RBI) on Wednesday (April 7) extended National Electronic Funds Transfer (NEFT) and Real-Time Gross Settlement (RTGS) facilities beyond banks. RBI Governor Shaktikanta Das ...

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 ...

The RBI's digital push will certainly bring down the amount of money transfer through traditional means like cash, demand drafts or cheques. Image: Pixabay Come July 1, 2019, RTGS and NEFT ...

If you are receiving and sending money, there are a few ways of doing internet banking. These ways are none other than NEFT, RTGS and IMPS. Carrying NEFT, IMPS and RTGS transactions becomes quite easy ...

CHENNAI: The RBI has decided to waive all charges on Real Time Gross Settlement System (RTGS) and National Electronic Funds Transfer (NEFT) transactions — two preferred routes for instantly ...

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) ...