Beneficiary account name look-up facility for RTGS, NEFT transactions soon; how it will reduce wrong money transfersMoney transfer via RTGS, NEFT: The Reserve Bank of India (RBI) has suggested a new functionality that permits remitters using RTGS and NEFT...
09 Oct, 2024, 02.39 PM IST
SBI net banking, UPI down: State Bank of India net banking, YONO mobile app, UPI will be down today during this timeSBI down on April 1: State Bank of India (SBI) has announced that the services of Internet Banking, Yono Lite, Yono Business Web & Mobile A...
01 Apr, 2024, 05.44 PM IST
HDFC Bank asks customers to avoid this money transfer facility on April 1, 2024: Delay in salary and other paymentsIn an email to customers, HDFC Bank has said that this mode of money transfer may not be available on Monday, April 1, 2024. The bank has s...
01 Apr, 2024, 11.37 AM IST
NEFT, RTGS facility to be available for post office savings account holders from this dateThis facility enables Post Office Savings Bank customers to transfer funds to and from other bank accounts to POSB accounts in Department o...
19 May, 2022, 12.41 PM IST
NEFT facility will not be available during this time on SundayRBI has asked member banks to inform their customers to plan their payment operations accordingly. NEFT Members will continue to receive ev...
17 May, 2021, 10.49 AM IST
You can soon send money using NEFT, RTGS via a non-bank entityThe central bank has announced that it will allow non banks entities like prepaid instruments issuers, card networks and white level ATMs. ...
07 Apr, 2021, 11.04 AM IST
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, ...
14 Dec, 2020, 02.30 PM IST
RTGS to be available 24x7x365 from Dec 2020The announcement has come after RBI made the NEFT facility available 24X7 from December 16, 2019. The RTGS facility is used to transfer lar...
09 Oct, 2020, 11.11 AM IST
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...
16 Mar, 2020, 05.42 PM IST
NEFT transactions to be made 24x7 from December 16Bank customers will be able to transfer funds through NEFT around the clock on all days including weekends and holidays from December 16, t...
06 Dec, 2019, 08.53 PM IST
RBI to remain open on July 1 to facilitate transactionsRBI follows a July to June accounting year and June 30 being the closing date of the year, the office generally remains closed on July 1 ev...
29 Jun, 2017, 07.42 PM IST
RBI directs banks to follow NEFT guidelines strictlyThe Reserve Bank today directed banks to strictly follow guidelines on NEFT, an online inter and intra bank fund transfer.
22 Jan, 2014, 09.20 PM IST
- RBI to phase out high value clearing
High value clearing, the facility that enables depositors to encash cheques drawn for over Rs 1 lakh the next day, is set to be phased out.
16 Apr, 2009, 02.00 AM IST
- 'Real' customer services from the banking sector
Internet and mobile banking brought about a revolution in the banking sector.
21 Aug, 2008, 12.00 AM IST
- For GenNeft, I-T refund would be just matter of a day
With a view to make tax refunds faster and efficient, the Central Board of Direct Taxes is proposing to move to National Electronic Funds T...
11 Apr, 2008, 01.53 AM IST
- YES Bank launches NEFT Online for its retail customers
Private sector lender YES Bank on Wednesday launched its National Electronic Funds Transfer (NEFT) Online, which is in addition to its alre...
05 Sep, 2007, 07.40 PM IST
- Now use NEFT for small transactions
Your transactions below Rs 1 lakh will be routed via National Electronic Funds Transfer, instead of RTGS.
06 Dec, 2006, 01.33 AM IST