NEFT

<!-- -->More than 96 per cent post offices have been brought under core banking systemAround 96 per cent of post offices across the country have been brought under the core banking system (CBS), in order to implement the…

Mumbai: Even as payments on digital platforms are gathering pace, a surge in transactions on the Unified Payments Interface (UPI) platform could shift business away from NEFT. While the share of NEFT in retail credit transfers has fallen…

Okay, so here’s the deal. We’re a month into 2022 and the NFT market is still scorching hot. Already this year we’ve had Coachella NFTs, Lamborghini NFTs, NFT profile pics on Twitter, NFT teasers from YouTube and Meta, and the usual…

New Delhi: From next month i.e, February 1, State Bank of India (SBI) will put in place new rules regarding transaction via IMPS. SBI has enhanced the limit on IMPS transactions from Rs 2 lakh upto Rs 5 lakh. Though the bank will charge…

New Delhi: The popularity of online banking has risen in recent years. People transfer money from one account to another using the internet. This will necessitate the use of an IFSC code. Have you ever wondered what would happen if you…

New Delhi: The Reserve Bank of India (RBI) recently increased the Immediate Payment Service (IMPS) transaction limit from Rs 2 lakh to Rs 5 lakh. This measure has been announced in order to make large-scale fund transfers more accessible. …

The Reserve Bank on India or the RBI has recently raised the the limit of the Immediate Payment Service (IMPS) from Rs 2 lakh to Rs 5 lakh per transaction. This step has been announced to make big-ticket fund transfer more approachable. …

New Delhi: NEFT is a nation-wide payment system facilitating one-to-one funds transfer. Under this Scheme, individuals, firms and corporates can electronically transfer funds from any bank branch to any individual, firm or corporate having…