Articles about National Electronic Fund Transfer (NEFT)

Yes Bank depositors can now use IMPS/NEFT to pay dues

10 Mar 2020

Business
Yes Bank depositors can now use IMPS/NEFT to pay dues

The crisis-hit lender Yes Bank on Tuesday allowed customers to make certain transactions using instant money transfer services.

From December 16, you can make NEFT transactions 24x7

07 Dec 2019

Business
From December 16, you can make NEFT transactions 24x7

Bank customers will soon be able to make NEFT transactions any time, any day.

No charges on RTGS, NEFT transfers from July 1: RBI

11 Jun 2019

Business
No charges on RTGS, NEFT transfers from July 1: RBI

The Reserve Bank of India (RBI) has decided to waive off all charges on RTGS and NEFT system fund transfers from July 1, 2019.

#FinancialBytes: What is the difference between RTGS and NEFT transfers?

08 Jun 2019

Business
#FinancialBytes: What is the difference between RTGS and NEFT transfers?

In a bid to boost digital transactions, the Reserve Bank of India on Thursday decided to waive off charges on RTGS and NEFT System fund transfers.

Now transfer money for free: RBI removes NEFT, RTGS charges

06 Jun 2019

Business
Now transfer money for free: RBI removes NEFT, RTGS charges

In a move to boost digital transactions, the Reserve Bank of India (RBI) on Thursday removed NEFT and RTGS charges from transactions.

NEFT, RTGS, IMPS: Here's how to choose the best option

20 Nov 2017

India
NEFT, RTGS, IMPS: Here's how to choose the best option

Do you use netbanking regularly, but have no idea what NEFT, RTGS or IMPS are? Considering how complicated they look, it won't be a surprise.

NEFT, RTGS, UPI: Here's everything to know about online transfers

09 Sep 2017

Business
NEFT, RTGS, UPI: Here's everything to know about online transfers

With the government's increasing focus on Digital India, it has gradually attempted to create a cashless economy. Interfaces like UPI are a product of changing times.

IMPS, NEFT, RTGS, UPI: Everything to know about online transfers

24 Jul 2017

Business
IMPS, NEFT, RTGS, UPI: Everything to know about online transfers

With the government's increasing focus on Digital India, it has gradually attempted to create a cashless economy. Interfaces like UPI are a product of changing times.

SBI cuts NEFT, RTGS charges by up to 75%

13 Jul 2017

India
SBI cuts NEFT, RTGS charges by up to 75%

The SBI has reduced charges for National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) by up to 75%, to be implemented from July 15.

RBI speeds up settlement time for NEFT clearance

11 Apr 2017

Business
RBI speeds up settlement time for NEFT clearance

RBI has decided to reduce the time frame for the settlement of National Electronic Funds Transfer (NEFT) from 1 hour to 30 minutes in its revamped monetary policy.

Banks free to fix charges on cashless transactions

05 Feb 2017

Business
Banks free to fix charges on cashless transactions

To encourage greater participation by banks in developing cashless economy, the Reserve Bank of India (RBI) has allowed them the freedom to fix service charges on cashless transactions.