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NEFT PAYMENTS
Mastercard to look beyond card biz; target tier 3 & 4 markets for growthMastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. ...- Saturday bank holiday: Are banks open or closed today on May 23, 2026?Bank holiday today: Planning a bank visit today, May 23, 2026? First check whether banks are open in their city, as closures may vary depen...
- UPI processes 85% of India's payment volumes but just 9.5% of value; RTGS dominates at 68.6%UPI processed most payment transactions in India by volume in late 2025. RTGS handled significant value with low volume. NEFT offered versa...
- Saturday bank holiday: Are banks open or closed today on May 2, 2026?Banks in India are not open on all Saturdays. So anyone willing to complete their bank work today (Saturday, May 2, 2026) must check if ban...
- Pay Point India becomes first fintech to join RBI's Centralised Payment SystemWith this membership, Pay Point India now has direct access to key payment systems—Real Time Gross Settlement and National Electronic Funds...
- Saturday bank holiday today: Are banks open or closed today on April 11, 2026?Bank holiday today: It is important to note that banks in India observe a standardised holiday schedule that includes all Sundays, the seco...
- Deposited Rs 80 lakh cash during demonetisation: ITAT rejects property purchase claim, calls it unexplained incomeA Surat businessman's Rs 80 lakh cash deposit during demonetisation was deemed unexplained by ITAT Surat. The tribunal rejected his claim o...
- Did you donate to a political party or plan to do so in the future and claim an income tax deduction? New ITR forms require extra disclosure, check what to reportNew income tax return forms for Assessment Year 2026-27 demand greater detail on political party donations. Taxpayers seeking deductions un...
- ITR filing: 4 disclosures you need to be ready with in new financial yearIndia’s tax department has rolled out updated ITR forms for FY 2025–26, introducing tighter disclosure norms while keeping the overall stru...
- Is UPI down? SBI, UCO Bank, other bank users report payment issuesSBI UPI down: Downdetector shows a steep jump in the number of complaints, including over 500 payment issue-related complaints reports for ...
- NEFT, RTGS rule change: Verify beneficiary names easily with new account name lookup facility; when can you use it?NEFT, RTGS rule change: There have been many instances where remitters remitted funds to the wrong beneficiary. This new rule will help to ...
- How to pay income tax online via e-filing portal, offline at bankVarious types of income taxes like advance tax, self-assessment tax others can be paid on the e-filing income tax return (ITR) portal by us...
- Transactions on UPI platform could shift business away from NEFT: DataCentral bank data showed that overall retail credit transfers through various platforms rose 20% in value and 77% in volume in December 202...
- LIC asks policyholders to update bank details for easy claim process: Here’s how to register for NEFT mandateIf you are receiving annuity payments through ECS, you can choose to receive them via NEFT by submitting a mandate, or you can continue to ...
- Fintech firms will soon process NEFT, RTGS paymentsRBI also proposes making all mobile wallets compatible and letting users withdraw cash at ATMs using them
- Transfer money via NEFT 24x7 from Dec 16; from Jan 1 it will be free of cost. Here's all you need to knowNEFT allows individuals, firms, corporates to transfer money from one bank branch account to another one anywhere in the country. Earlier, ...
- RBI urges customers to use digital banking facilities amid coronavirus outbreakNEFT is central bank-controlled interoperable payment channels used for fund transfer by a customer between different accounts. These trans...
- From January, banks cannot charge you for online NEFT transactionsThe RBI has mandated all banks to stop charging savings account customers for NEFT use from Jan '20.
- Transact round the clock: NEFT timings to change from December, RBI announcesCurrently, the channel can only be used between 8am to 7pm on working days.
- Transfer funds via NEFT 24X7 from December 2019NEFT is a payment system facilitating funds transfers from one bank account to another.
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