The central bank, which levies a minimum charge on banks for transactions routed through its RTGS meant for large-value, instantaneous fund transfers and the NEFT system for other fund transfers ...

While we are accustomed to using UPI, NEFT, RTGS, IMPS etc ... currency issued by the Reserve Bank of India (RBI). They are basically currencies in the digital form and would appear as liability ...

the State Bank of India – the largest commercial bank in the country – has reduced charges for NEFT and RTGS transactions by up to 75%, effective from July 15, 2017. The reduced charges will ...

The Reserve Bank of India (RBI) on Wednesday proposed ... for Real Time Gross Settlement System (RTGS) and National Electronic Funds Transfer (NEFT) systems. Governor Shaktikanta Das said the ...

Reserve Bank ... India on December 30 announced the introduction of beneficiary account name look-up facility for Real Time Gross Settlement (RTGS) System and National Electronic Funds Transfer ...

related transaction code in NEFT and RTGS Systems’ the central bank noted that under the FCRA, foreign contributions must be received only in the "FCRA account" of State Bank of India (SBI), New ...