Earlier, the RBI made the NEFT facility available 24X7 from December 16, 2019.
YES Bank has also resumed the ATM services and customers can withdraw the RBI-stipulated amount
All ATM cards with a magstripe or magnetic stripe will cease to work from January 1. You can get it
The above rule shall come into effect from January 1, 2020 onwards. The move comes just days after
The 24X7 NEFT system will be available on all days of the year, including holidays.
What this means is, you'll be able to do NEFT transaction 24 hours 7 days (24x7) from December
The announcement comes in line of the RBI's Payments Settlement Vision 2019 to 2021 wherein it was
This move to cancel the charges on NEFT transactions is expected to encourage the digital mode of
The RBI stated that customers can fund transfer through the high-value RTGS system from 7 AM
The RBI is soon set to make National Electronic Fund Transfer (NEFT) available on a 24x7 basis from
The country s largest bank SBI charges between Re 1 and Rs 5 for transactions through NEFT and
The idea behind the move is to encourage digital transfer of funds.
Country's largest bank SBI charges between Re 1 and Rs 5 for transactions through NEFT and between
All electronic transactions, including RTGS and NEFT, will continue for the extended time on March
UPI payment system is said to have picked up pace with the BHIM app growing in volumes.
The Reserve Bank of India (RBI) has decided to introduce new batches for settlement of payments
The new directive, however, means that that electronic fund transfer channels like RTGS and NEFT
A separate broadcast message in this regard has been issued through the respective system to the
Seeing the long queues it will be tough to get inside the bank but there are few ways by which you
They have been asked to keep all their branches open on the two days as regular working days for