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National Electronic Funds Transfer


'National Electronic Funds Transfer' - 3 News Result(s)

  • 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).