Search Results for Tag : NEFT

Notifications & Circulars

National Electronic Funds Transfer (NEFT) system - Settlement at half-hourly intervals(08.05.2017)

1.National Electronic Funds Transfer (NEFT) system presently settles the fund transfer requests of the participating banks on net basis at hourly inte.....

Tags : NEFT, Settlement, Intervals

News

RBI Opens 24x7 NEFT Window(17.12.2019)

Reserve Bank of India has allowed National Electronic Funds Transfer (NEFT) facility available for 24 hours a day throughout the year starting 16th De.....

Tags : RBI, NEFT

Reserve Bank of India Removes Charges on NEFT, RTGS Transfers(07.06.2019)

Reserve Bank of India (RBI) has announced that it is waiving off charges that are applied on bank transfers carried out either by National Electronic .....

Tags : Reserve Bank of India, NEFT, RTGS

Reserve Bank of India to Lift All Charges on Fund Transfers via RTGS and NEFT from July 1(12.06.2019)

Reserve Bank of India has said that it will lift all charges on fund transfer through popular RTGS and NEFT systems from July 1, 2019 and asked banks .....

Tags : Reserve Bank of India, NEFT, RTGS

Introduction of additional settlement batches in National Electronic Funds Transfer (NEFT) System(08.05.2017)

The Reserve Bank of India in its First Bi-monthly Monetary Policy Statement for 2017-18 has announced the introduction of additional settlements in th.....

Tags : NEFT, Additional settlement, Introduction

RBI Relaxes Reporting Requirement of NEFT Transactions(18.03.2016)

Reserve Bank of India (RBI) has said it is discontinuing provision where banks had to submit data pertaining to NEFT (National Electronic Fund Transfe.....

Tags : Reserve Bank of India, NEFT Transactions