RTGS
No bank account needed for payments via RTGS, NEFT now; here is how you will benefit
Wed, Apr 07, 2021
Good news for those who use online banking modes like the RTGS and NEFT for making payments. RBI has increased the ambit of the RTGS and NEFT payment modes to non-bank entities payment space including Prepaid Payment Instrument (PPI) issuers, Card Networks, White Label ATM (WLA) operators, Trade Receivables Discounting System (TReDS) platforms)
More >
Big announcement by RBI! RTGS payments to be available 24x7: What it means for consumers
Fri, Oct 09, 2020
While the entire focus was on RBI's decision to keep the rates unchanged, Governor Shaktikanta Das made another major announcement - he has allowed Real Time Gross Settlement (RTGS) payment system to be made available round the clock from December 2020 to make online fund transfer smooth.
More >
Money transfer on mind? RTGS timings revised by RBI; 5 things you might have missed
Thu, Aug 22, 2019
In another bid to promote digital transactions in the country, the Reserve Bank of India (RBI) has extended the customer transactions timing for Real Time Gross Settlement (RTGS) system by an hour.
More >
RBI to waive all charges on RTGS, NEFT from July 1: How you are impacted
Wed, Jun 12, 2019
Following up on the announcement made on June 6 after the bi-monthly monetary policy review, the Reserve Bank of India on Tuesday evening announced that it will waive all charges on fund transfer through popular RTGS and NEFT systems from July 1.
More >
