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RTGS ADVANTAGES
What is a digital savings account and why are more Indians choosing it- There's nothing called a free UPI ride, banks among other intermediaries bear charges on every such transaction
- Paying income tax using net banking, credit card or debit card? You will be charged for it if you don't have this bank account
- Yes Bank revises savings account charges with effect from May 1, 2024Yes Bank savings account charges: Yes Bank offers an interest rate between 3-7%% depending on the savings account balances. The rates are t...17 Apr, 2024, 03.08 PM IST
- You cannot use accounts with these banks to pay income tax on TIN NSDL website anymoreThe way to pay income tax is changing. The Central Board of Direct Taxes (CBDT) has directed banks to migrate from TIN NSDL website to e-fi...05 Dec, 2022, 08.14 AM IST
- How to pay income tax using UPI, credit card, 4 other ways on new tax portalThe new e-filing income tax portal has introduced the facility of paying taxes. Earlier, taxpayers could use facility provided by NSDL webs...01 Nov, 2022, 10.16 AM IST
- IT Dept detects gross irregularities, funds diversion after raids on Bengaluru credit coop societiesThe Income Tax Department has allegedly found "gross irregularities" and the involvement of the promoters in "siphoning off" public funds a...14 Dec, 2021, 05.53 PM IST
- RBI lays out norms for non-banks to access RTGS, NEFT systems“The risk of failure or delay in execution of fund transfers can also be avoided when the transactions are directly initiated and processed...28 Jul, 2021, 09.08 PM IST
- Now a bank holiday won’t stop your loan EMI, SIP debits, salary credits: So track account balanceCurrently, any auto-debit instructions given by the account holder does not get processed on days the bank is closed like Sundays, bank hol...04 Jun, 2021, 07.20 PM IST
- NACH will be operational 365 days a year from August 1The move follows the central bank’s previous decisions to make both its RTGS and NEFT functional 24 hours a day04 Jun, 2021, 05.21 PM IST
- RTGS is now available 24x7: Here are its advantagesThe RBI has made RTGS, used for high-value transactions between banks, a 'round the clock' service, available on 'all days of the year', st...15 Dec, 2020, 10.08 AM IST
- Here's the wishlist global ePayment firms have made for RBISuggestions range from creating a level playing field to formation of bulk payment networks like RTGS.04 Apr, 2019, 09.01 AM IST
- Facing cash crunch? Here are some alternativesThe convenience and acceptance of credit and debit cards has eliminated the need for cash in day to day transactions.18 Apr, 2018, 04.16 PM IST
- Post demonetisation, which digital payment method to use? Here’s how to chooseIn terms of authentication, standard security procedure, which is two-factor authentication, is followed in case of all the alternatives.26 Dec, 2016, 04.59 PM IST
- Gold jewellery sales pick up slowly after falling 80%Jewellers and traders said consumers in metros and smaller towns are gradually opting for digital transactions to purchase the metal to tak...12 Dec, 2016, 11.11 AM IST
- Nagaland MP's son-in-law held, 'missing' Rs 3.5 crore cash foundNagaland police chief LL Doungel told TOI, "The money, seized by the CISF, was handed over to officials of the income tax department. They ...24 Nov, 2016, 11.05 AM IST
- Axis Bank takes digital banking to corporate clientsAxis Bank is taking digital banking to corporate clients as they are potential targets for mushrooming payment technology companies.09 Oct, 2015, 04.11 PM IST
- Omnitech Infosolutions bets big on RTGS implemetationsThe stock of Mumbai based Omnitech Infosolutions has been trading in a narrow range since the last six months.18 Sep, 2012, 07.19 PM IST
- Online fund transfer upto Rs 10,000 for Rs 2.5 from Aug 1To promote cashless transactions, the Reserve Bank slashed charges for electronic transfer of funds for smaller amounts of upto Rs 10,000.13 Jul, 2012, 10.05 PM IST
- Post Office may join payment clearance systemThe Post Office may well get to provide seamless fund transfer, with an RBI panel recommending that the Post Office be linked to the cleari...22 Sep, 2007, 01.17 PM IST
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