National Electronic Fund Transfer (NEFT): News
10 Mar 2020
Yes BankYes 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.
07 Dec 2019
Reserve Bank Of India (RBI)From December 16, you can make NEFT transactions 24x7
Bank customers will soon be able to make NEFT transactions any time, any day.
11 Jun 2019
IndiaNo 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.
08 Jun 2019
India#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.
06 Jun 2019
Reserve Bank Of India (RBI)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.
20 Nov 2017
IndiaNEFT, 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.
09 Sep 2017
State Bank of India (SBI)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.
24 Jul 2017
State Bank of India (SBI)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.
13 Jul 2017
State Bank of India (SBI)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.
11 Apr 2017
IndiaRBI 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.
05 Feb 2017
National Payments Corporation of IndiaBanks 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.