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RTGS New Timings From December
To give a boost to digital economy and refrain from cash transactions, RTGS or real time gross settlement has been made available round the clock. RTGS is a realtime settlement system that enables large value transactions. In the current regime, ...

NPCI Launches ‘UPI Chalega' Campaign Targeting New Users
UPI which has now been widely successful with over 100 crore transactions recorded in a month is aimed at reaching new set of users across geographies. And for it its developer, the NPCI or National Payments Corporation of India has come ...
RBI Now Plans To Make RTGS Available 24x7
As per sources privy to the development, after making fund transfer route NEFT available 24x7 with effect from December 16, 2019, the RBI is working on making RTGS or real time gross settlement available round the clock. RTGS also facilitates ...
NEFT Fund Transfer Can Be Initiated 24 Hrs Now
RBI in order to make banking transaction including payment transfer easy will now on facilitate NEFT transactions all through the day as against only during working hours on weekdays. In its monetary policy today, RBI Governor Shaktikanta Das said the new ...
What Are The Charges On IMPS?
Lately, the government of India has been taking steps to boost cashless transactions in the country with its Digital India movement. Payment methods like IMPS and UPI are now on the rise, thanks to cheap transactional charges....
How To Use BHIM UPI For Fund Transfer Or Payments Without Internet?
Prime Minister Modi launched BHIM (Bharat Interface for Money) app developed by National Payment Corporation of India (NPCI) on 30th December 2016 for facilitating fast and safe cash payment transactions via mobile phones. The launch came in the wake of demonetisation ...
RBI Removes Charges For NEFT, RTGS Transactions
RBI has decided to do away with charges on NEFT and RTGS transactions and in turn asked banks to pass on the benefit to customers. This implies that in near future either such payment modes will become free for customers or ...
Paytm: Now Use Your Phone Book To Transfer Money
Largest and leading payment wallet company Paytm has introduced yet another feather for the ease of millions of its user base through which fund transfer can now be effected just by making use of the phonebook. For it users will ...
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