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.