RTGS

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

07 Dec 2019

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

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

#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

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.

#FinancialBytes: What is income-tax refund and how to claim it?

27 Nov 2018

#FinancialBytes: What is income-tax refund and how to claim it?

Every year, crores of taxpayers across India file their Income Tax Returns (ITRs). However, when it comes to income tax refund, many are still ignorant about the same.

Congress to appoint 10 million booth 'sahyogis' for 2019 polls

29 Sep 2018

Congress to appoint 10 million booth 'sahyogis' for 2019 polls

As part of its new strategy for the 2019 Lok Sabha polls, Congress will launch a nationwide mass contact and fund collection program on October 2, Mahatma Gandhi's birth anniversary.

India Post Payments Bank launched: Details here

01 Sep 2018

India Post Payments Bank launched: Details here

On Saturday, at an event in New Delhi, Prime Minister Narendra Modi launched the India Post Payments Bank (IPPB) in a bid to boost banking services in rural areas, and promote further financial inclusion.

5 exclusive features that Paytm offers

29 Aug 2018

5 exclusive features that Paytm offers

Paytm was founded by Vijay Shekhar Sharma in August 2010; it is based out of Noida.

#AppStories: 5 apps for cryptocurrency trading in India

01 Jul 2018

#AppStories: 5 apps for cryptocurrency trading in India

World's most popular cryptocurrency Bitcoin's valuation has had some dramatic fluctuations over the past one year. It picked up the pace in May'17 from $2,000 to $20,000 in Dec'17 and plummeted to $6,046 in Feb'18.

Is there really a five-day-long bank holiday coming up?

27 Mar 2018

Is there really a five-day-long bank holiday coming up?

There have been reports of a five-day bank holiday coming up this weekend, and people have been rushing to banks to get their tasks done before it starts.

Himachal Pradesh: Indian Technomac Director held in Rs. 6000cr scam

22 Mar 2018

Himachal Pradesh: Indian Technomac Director held in Rs. 6000cr scam

The CID sleuths have arrested a Director of Paonta Sahib-based firm Indian Technomac Company Limited in a nearly Rs. 6000cr fraud case.

UP liquor shops to now introduce cashless payments

03 Feb 2018

UP liquor shops to now introduce cashless payments

It is now mandatory for all liquor retailers in Uttar Pradesh to install point of sale (PoS) machines to enable electronic payments through credit/debit cards, as per the new state excise policy.

Bitcoin breaks $10,000-barrier: Know how you can invest in Bitcoin!

29 Nov 2017

Bitcoin breaks $10,000-barrier: Know how you can invest in Bitcoin!

The value of Bitcoin, the world's oldest and largest cryptocurrency, has soared above $10,000 yesterday (28 November) - a remarkable rise from a mere $0.003 price seven years ago.

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

20 Nov 2017

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.

CBI unearths money laundering scam of Rs. 424 crore

10 Sep 2017

CBI unearths money laundering scam of Rs. 424 crore

CBI has lodged an FIR against 19 firms for money laundering via shell firms. These firms have sent over Rs. 424 crore in foreign remittances, making around 700 transactions.

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

09 Sep 2017

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.

No more minimum balance hassles with this SBI account

02 Sep 2017

No more minimum balance hassles with this SBI account

Tired of having to maintain a minimum balance for your savings account? Worry not, SBI has a solution.

Bank union go on strike, services hit

22 Aug 2017

Bank union go on strike, services hit

All nine unions of the United Forum of Bank Unions are going on a strike today. According to leaders, that's 10 lakh bank employees at 1,32,000 branches.

How can you invest in virtual currencies in India?

13 Aug 2017

How can you invest in virtual currencies in India?

Cryptocurrencies are a huge rage around the world and India is slowly waking up to its possibilities.

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

24 Jul 2017

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.

SBI cuts NEFT, RTGS charges by up to 75%

13 Jul 2017

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.

Paytm Payments Bank starts operations, offers zero-balance accounts

23 May 2017

Paytm Payments Bank starts operations, offers zero-balance accounts

Paytm Payments Bank, in a gradual roll-out, will start operations in North India on May 23. In the first phase, it will offer accounts to users on invite-only basis.

Paytm payments bank and what it means for users

18 May 2017

Paytm payments bank and what it means for users

Vijay Shekhar Sharma-led Paytm has been okayed by the RBI to start its payments bank; the Noida-based firm is expected to begin its operations under Renu Satti, from 23rd of May, 2017.

EC unhappy with Electoral Bonds proposition

02 May 2017

EC unhappy with Electoral Bonds proposition

The Election Commission has expressed reservations about the government's decision to introduce electoral bonds for donations to political parties.

RBI speeds up settlement time for NEFT clearance

11 Apr 2017

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.

Payment systems to remain closed on April 1: RBI

31 Mar 2017

Payment systems to remain closed on April 1: RBI

The Reserve Bank of India (RBI) announced that all payment operations will remain shut on April 1.

Going cashless costs money, debit card charges explained

09 Mar 2017

Going cashless costs money, debit card charges explained

There's been an increase in the digital transactions since Prime Minister Narendra Modi announced the demonetization of Rs. 500 and Rs. 1,000 notes last November.

What happened in the Capital today?

10 Jan 2017

What happened in the Capital today?

With the workers of the East Delhi Municipal Corporation still on strike, civic-employees of the North Delhi Municipal Corporation also started their strike today.

Banks accused of helping bullion traders

26 Dec 2016

Banks accused of helping bullion traders

The Enforcement Directorate (ED) has accused officials of four private banks of assisting a bullion trader to dispose of demonetized currency.

More measures to ease demonetization stress

22 Nov 2016

More measures to ease demonetization stress

In an attempt to further alleviate stress caused by demonetization, the government has allowed cash credit account holders to withdraw upto Rs.50,000 per week.

EC to banks: Don't use indelible ink

18 Nov 2016

EC to banks: Don't use indelible ink

The Election Commission has warned banks and the Ministry of Finance against using indelible ink to check multiple withdrawals.

The latest on demonetization

17 Nov 2016

The latest on demonetization

Economic Affairs Secretary Shaktikanta Das announced the latest developments in the government's demonetization scheme.

SC lauds demonetization move

16 Nov 2016

SC lauds demonetization move

The Supreme Court lauded the government's move of demonetization to tackle illicit financial flows in India; however, the court also asked the government to improve conditions for the common-man to withdraw money.

SC refuses to stay demonetization orders

16 Nov 2016

SC refuses to stay demonetization orders

The Supreme Court has refused to grant a stay order on the government's recently announced demonetization policy.