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  • RTGS money transfer timings change: All you need to know
    Finance and MarketsRTGS money transfer timings change: All you need to know

    In order to increase digital transactions, the Reserve Bank of India (RBI) has increased the work timing of famous money transfer service (RTGS) by an hour. The users will now be able to send and receive money from 7AM instead of 8AM from August 26.

    8 months ago
  • RBI: Online transactions using NEFT, RTGS to be free from July 1
    Finance and MarketsRBI: Online transactions using NEFT, RTGS to be free from July 1

    According to a notification issued by the RBI, it has decided that with effect from July 1, 2019, processing charges and time-varying charges levied on banks by the top bank for outward transactions undertaken using the RTGS system, as also the processing charges levied by RBI for transactions processed in NEFT system will be waived by the Reserve Bank.

    10 months ago
  • SBI reduces NEFT, RTGS charges upto 75 per cent
    CompaniesSBI reduces NEFT, RTGS charges upto 75 per cent

    The country's largest public sector bank, State Bank of India (SBI), has reduced charges for National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) transactions upto 75 per cent effective from July 15, it said in a statement here on Thursday.

    3 years ago