Earlier, in July 2019, RBI had waived off the charges it levied on banks for the NEFT and RTGS fund transfers. RBI today said that it will make it easier for people to transfer money as NEFT will soon ...

NEFT system has achieved a milestone on leap day i.e., on February 29, 2024, by processing 4.10 crore transactions, the highest ever in a day so far. The precise number was 4 crore 10 lakh sixty-one ...

Bank Holiday 1 April 2026: If you tried visiting your bank branch on Wednesday and found it locked, you are not alone — and ...

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) ...

NEFT transactions will now be settled in half-yearly batches. The Reserve Bank of India today operationalised 24×7 NEFT facility from 12.00 am today. In the first eight hours, over 11 lakh NEFT ...

The popular National Electronic Funds Transfer (NEFT) system for online transfer of funds will remain unavailable for 14 hours from Saturday mid-night till Sunday afternoon due technical upgrade, the ...

NEFT (National Electronic Fund Transfer) is a handy way to speedily transfer money and there's good news for NEFT users as they can now use the facility 24x7. Reserve Bank of India (RBI) has allowed ...

Both charges in NEFT and RTGS differ from bank to bank. Photo: Pixabay Reserve Bank of India (RBI) made some major announcement in June, 2019 policy. Among these was the waiving off charges imposed in ...