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RTGS FACILITY
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- 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
- RTGS facility will not be available for 14 hours on Sunday: RBI"RTGS service will not be available from 00:00 hrs to 14.00 hrs on Sunday, April 18, 2021. The NEFT system will continue to be operational ...12 Apr, 2021, 03.37 PM 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
- 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
- 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
- ED arrests ex-manager of Maharashtra co-op society in money laundering caseIt said the accused was former manager of Renukamata Multi-State Cooperative Urban Credit Society.13 Jan, 2019, 05.24 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
- New RTGS system to improve financial market efficiency: Raghuram RajanRBI Governor said the new real time gross settlement (RTGS) system for fund transfers will improve the efficiency of the country's markets.20 Oct, 2013, 06.48 AM IST
- ET Wealth: Smart things to know about real-time gross settlementRTGS is a facility that is used to transfer funds from one bank to another. Each transaction is settled individually as soon as it is recei...12 Nov, 2012, 08.09 AM IST
- Fund transfer system seen vulnerable after RTGS glitchBankers familiar with the development told ET that while bunching of remittances is an often-enough occurrence (four to five times a year) ...10 Dec, 2009, 04.44 AM IST
- RBI to phase out high value clearingHigh 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 sectorInternet and mobile banking brought about a revolution in the banking sector.21 Aug, 2008, 12.00 AM IST
- Now use NEFT for small transactionsYour transactions below Rs 1 lakh will be routed via National Electronic Funds Transfer, instead of RTGS.06 Dec, 2006, 01.33 AM IST
- RTGS trips up on banks’ inward remittance feesThe decision by large banks to cha rge fees on inward remittances has emerged as a stumbling block to developing the real time gross settle...04 Sep, 2006, 12.57 AM IST
- BSNL to switch to e-paymentsState-owned telecom behemoth Bharat Sanchar Nigam(BSNL) will shortly abandon payment of its vendor bills by cheque.04 Jul, 2006, 12.50 AM IST
- RBI constitutes experts group on RTGSReserve Bank of India has set up an external experts group to carry out pre-launch review of real-time gross settlement systems including i...20 Feb, 2004, 09.03 PM IST
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