Fund Transfer
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RTGS services to be available 24X7 from tonight. Details here
Business | Dec 13, 2020, 12:48 PM ISTRTGS, which started on March 26, 2004 with a soft launch involving four banks, presently handles 6.35 lakh transactions daily for a value of Rs 4.17 lakh crore across 237 participant banks.
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NEFT or IMPS for fund transfer: A comparison to help you make the right choice
Business | Dec 30, 2019, 03:02 PM ISTNEFT and IMPS are two widely used methods for fund transfer by the business. Here's a comparison between the two to help you better judge and choose which one is suited best for your business.
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NEFT Online Transactions Available 24x7: 5 Things You Must Know
Business | Dec 06, 2019, 11:26 PM ISTNEFT transactions will now be available 24x7. Come December 16 and you will be able to enjoy the facility round-the-clock. In a bid to promote digital transactions, Reserve Bank of India (RBI) has made transactions possible under the National Electronics Funds Transfer (NEFT) system on all days of the year, including holidays.
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SBI IMPS charges on fund transfer waived off
Business | Jul 12, 2019, 04:11 PM ISTThe State Bank of India (SBI), country's largest lender, has waived off the IMPS charge on fund transfer. Now, the IMPS charges will be free from August 1, 2019. SBI IMPS charges will be Nil for the users who want to transfer funds through YONO, internet banking and mobile banking.
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Fund transfer via RTGS, NEFT set to get cheaper from Monday
Business | Jun 30, 2019, 05:11 PM ISTFund transfer through RTGS and NEFT systems is set to become cheaper from Monday after the Reserve Bank of India decided it will not impose any charges on such transactions.
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Fund transfers via RTGS, NEFT to cost less from July 1
Business | Jun 11, 2019, 09:24 PM ISTThe Reserve Bank of India Tuesday said it will waive all charges on fund transfer through popular RTGS and NEFT systems from July 1 and asked banks to pass on the benefits to customers from the same day.
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ED Issues Notice To BCCI Regarding IPL II Fund Transfer
Cricket | Nov 28, 2011, 04:09 PM ISTMumbai, Nov 28: Enforcement Directorate has issued notice to the BCCI to explain transfer and routing of funds to the tune of Rs 1,600 crore in the conduct of the second season of Indian Premier