No bank account needed for payments via RTGS, NEFT now; here is how you will benefit Good news for those who use online banking modes like the RTGS and NEFT for making payments. RBI has increased the ...

If you need to transfer a large sum of money urgently, RTGS would be the best option. Suresh Kumar is a 28-year corporate employee from Mumbai. He keeps transferring money too frequently but every ...

In April 2021 monetary policy, the central bank had announced that it will encourage participation of non-banks in the RBI-operated CPS-RTGS and NEFT systems, in a phased manner. The central bank said ...

RBI updates rules for foreign donations via NEFT, RTGS. The instructions will be effective from March 15, 2023.

While we are accustomed to using UPI, NEFT, RTGS, IMPS etc, there are doubts about how the Digital Rupee works. The Central Bank Digital Currency (CBDC) or the Digital Rupee will be used for ...

All banks who are direct members or sub members of RTGS and NEFT will have to offer this facility no later than April 1, 2025, says RBI Moneycontrol News December 30, 2024 / 18:03 IST ...