May 19, 2021 6:53 pm
The Reserve Bank of India (RBI) has said that NEFT service will not be available from 00:01 hours to 14:00 hours on Sunday, May 23, 2021. However, RTGS service will continue to be operational as usual during this period for transferring funds.
May 17, 2021 5:37 pm
National Electronic Funds Transfer (NEFT) is a nation-wide centralised payment system owned and operated by the Reserve Bank of India (RBI). It is available round the clock availability on all days of the year.
April 16, 2021 1:00 pm
The Reserve Bank of India (RBI) has said that RTGS service will not be available from 00:00 hours to 14:00 hours on Sunday, April 18, 2021. However, NEFT service will continue to be operational as usual during this period for transferring funds.
January 08, 2020 1:22 am
With this, India has joined an elite club of a handful of countries having payment systems that ensure round the clock funds transfer and settlement on real time basis.