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National Electronic Funds Transfer


'National Electronic Funds Transfer' - 4 News Result(s)

  • NEFT Fund Transfer To Get Faster

    NEFT Fund Transfer To Get Faster

    Fund transfer via NEFT or National Electronic Funds Transfer is set to get faster. Instead of hourly basis, the fund transfer will happen in batches of 30-minute intervals.

  • RTGS Vs NEFT: The Differences You Need To Know

    RTGS Vs NEFT: The Differences You Need To Know

    RTGS (real time gross settlement) and NEFT (national electronic funds transfer) are electronic payment systems that allow individuals to transfer funds between banks.

  • Printing of MICR, IFSC codes a must on passbooks: RBI

    Printing of MICR, IFSC codes a must on passbooks: RBI

    MICR code is necessary for all electronic clearing services (credit and debit) transactions. IFSC code is a pre-requisite for national electronic funds transfer (NEFT) and real time gross settlement (RTGS) transactions.

  • RBI allows RRBs, cooperative banks to transfer funds online

    RBI allows RRBs, cooperative banks to transfer funds online

    The move will enable all the banks to transfer funds electronically through real time gross settlement system (RTGS) and national electronic funds transfer (NEFT).