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...

With this membership, Pay Point India now has direct access to key payment systems—Real Time Gross Settlement and National Electronic Funds...

Bank holiday today: It is important to note that banks in India observe a standardised holiday schedule that includes all Sundays, the seco...

A Surat businessman's Rs 80 lakh cash deposit during demonetisation was deemed unexplained by ITAT Surat. The tribunal rejected his claim o...

New income tax return forms for Assessment Year 2026-27 demand greater detail on political party donations. Taxpayers seeking deductions un...

India’s tax department has rolled out updated ITR forms for FY 2025–26, introducing tighter disclosure norms while keeping the overall stru...

SBI 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: There have been many instances where remitters remitted funds to the wrong beneficiary. This new rule will help to ...

Various 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...

Central bank data showed that overall retail credit transfers through various platforms rose 20% in value and 77% in volume in December 202...

If you are receiving annuity payments through ECS, you can choose to receive them via NEFT by submitting a mandate, or you can continue to ...

RBI also proposes making all mobile wallets compatible and letting users withdraw cash at ATMs using them

NEFT allows individuals, firms, corporates to transfer money from one bank branch account to another one anywhere in the country. Earlier, ...

NEFT is central bank-controlled interoperable payment channels used for fund transfer by a customer between different accounts. These trans...

The RBI has mandated all banks to stop charging savings account customers for NEFT use from Jan '20.

Currently, the channel can only be used between 8am to 7pm on working days.

NEFT is a payment system facilitating funds transfers from one bank account to another.