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Tuesday, December 01, 2020



RTGS to become 24x7 from December

October 10, 2020 12:46 am

With this, India will be among the few countries globally with a large value payment ecosystem.

RBI removes charges on RTGS/NEFT transactions; asks banks to pass on benefits

June 06, 2019 3:50 pm

The Real Time Gross Settlement System (RTGS) is meant for large-value instantaneous fund transfers while the National Electronic Funds Transfer (NEFT) System is used for fund transfers up to Rs 2 lakh.

Explained: RBI extends time window for online RTGS transactions

May 29, 2019 3:51 pm

“It has been decided to extend the timings for customer transactions (initial cut-off) in RTGS from 4:30 pm to 6:00 pm,” said RBI in its release on Wednesday.

Zimbabwe struggles to convince doubters as it launches new currency

February 25, 2019 8:06 am

Zimbabwe's currency woes have undermined President Emmerson Mnangagwa's efforts to win back foreign investors who were sidelined under his ousted predecessor, Robert Mugabe.

SBI reduces NEFT, RTGS charges upto 75%

July 13, 2017 3:51 pm

The reduced charges on NEFT and RTGS will be applicable on the transactions done through internet banking and mobile banking services offered by the bank, the bank said in an official statement here on Thursday.