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NEFT TRANSACTION
RBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY reportThe Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...- BSNL ordered to pay over Rs 55 lakh compensation to co-operative bank after duplicate SIM used to access OTPs in Rs 87 lakh fraudKarnataka high court has ordered BSNL to pay more than Rs 55 lakh in compensation and damages to a co-operative bank that lost over Rs 87 l...
- 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...
- Bandhan Bank rolls out premium services for NRIsBandhan Bank has launched new premium savings accounts – Elite, Elite Plus, and Legacy – for Non-Resident Indian (NRI) customers. These acc...
- New senior citizen bank account with doorstep banking and healthcare benefits launched by Bank of Baroda; Know the detailsBank of Baroda has introduced a new premium savings account for senior citizens. The 'bob Senior Citizen Vishesh Samman' account offers hea...
- 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 ...
- Soon, you can verify beneficiary bank account name for RTGS, NEFT transactionsThe Reserve Bank of India will introduce a name look-up facility for RTGS and NEFT systems by April 1, 2025. This will allow remitters to v...
- RTGS, NEFT charges of big banks in April 2024 compared: SBI, HDFC Bank, ICICI Bank, PNBRTGS, NEFT charges: NEFT is an electronic fund transfer system in which the transactions received up to a particular time are processed in ...
- NEFT, RTGS charges: SBI vs HDFC Bank vs ICICI Bank vs PNBBanks do charge for transactions conducted in branches. NEFT and RTGS fees charged by banks such as SBI, HDFC Bank, ICICI Bank, and Punjab ...
- 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...
- 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, ...
- Fund transfer via RTGS, NEFT set to get cheaper from MondayAfter announcing its decision to waive all charges on fund transfer through RTGS and NEFT systems, RBI had also asked banks to pass on the ...
- All NEFT transactions through PNB to be chargedThe outgoing NEFT transactions made through Internet Banking Service have been made chargeable from today.
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