Neft
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Will the bill to allow charges on UPI impact merchants or consumers? Here's what FM Sitharaman said
Personal Finance | Aug 07, 2026, 09:17 AM ISTFinance Minister Nirmala Sitharaman has stated that the Merchant Discount Rate on digital transactions applies to merchants, not customers.
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Important notice for Axis Bank and HDFC Bank's customers: Online banking services to be disrupted
Business | Jul 12, 2024, 04:37 PM ISTHDFC Bank and Axis Bank will experience online and mobile banking service disruptions this weekend due to system upgrades. HDFC Bank’s UPI services will be down on July 13, 2024, from 3:00 AM to 3:45 AM and from 9:30 AM to 12:45 PM.
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RBI modifies NEFT, RTGS systems to accommodate FCRA transactions
Business | Feb 17, 2023, 04:29 PM ISTRBI introduces changes to NEFT and RTGS systems for FCRA related transactions following the Home Ministry's mandate for SBI to report all donor details. SBI must capture donor details and report them daily to MHA, while other banks must make necessary changes by March 15, 2023.
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RBI allows card networks, wallets to access RTGS, NEFT
Business | Jul 29, 2021, 02:53 PM ISTIn April, RBI had said that it would encourage participation of non-banks in Reserve Bank of India-operated Centralised Payment Systems (CPS) -- RTGS and NEFT systems -- in a phased manner.
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No NEFT service for 14 hours on May 23 due to technical upgrade
Business | May 17, 2021, 02:33 PM ISTNational Electronic Funds Transfer (NEFT) is a nation-wide centralised payment system owned and operated by the Reserve Bank of India (RBI).
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NEFT, RTGS money transfer services extended beyond banks: RBI Governor Shaktikanta Das
Business | Apr 07, 2021, 04:21 PM ISTNEFT, RTGS money transfer services has been extended to payments banks by the RBI.
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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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Attention Paytm users! You can now avail these banking and payment services
Business | Dec 19, 2019, 11:40 AM ISTRBI has now allowed banks to facilitate online NEFT transfers 24/7 on all days including weekends and holidays. With RBI's this move, India's digital payment leader Paytm has become the only payments app offering three ways to pay 24x7 seamlessly, within the same "Money Transfer" flow via UPI, IMPS and now NEFT mode.
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Paytm becomes only app offering NEFT transactions 24/7
Business | Dec 16, 2019, 09:02 PM ISTWith the Reserve Bank of India (RBI) making online NEFT transfers 24/7 on all days including weekends and holidays from Monday, India's digital payment leader Paytm has become the only payments app offering three ways to pay 24x7 seamlessly, within the same "Money Transfer" flow via UPI, IMPS and now NEFT mode.
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11.40 lakh transactions settled in 8 hours after RBI operationalises NEFT 24X7
Business | Dec 16, 2019, 08:26 PM ISTAround 11.40 lakh transactions were settled in the first eight hours after widely-used NEFT was made operational on 24X7 basis, the RBI said. The RBI operationalised National Electronic Funds Transfer (NEFT) System 24X7 from 12:00 am Monday.
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NEFT money transfer available 24x7 from today. Check new charges, timing and all other details
Business | Dec 16, 2019, 06:17 PM ISTNEFT transfer 24x7: Gone are the days when you had to look at a watch or even a calendar just to make NEFT payment. The handy money transfer mode is now available 24x7. Check all the details.