NEFT

  • BusinessRBI imposes Rs 25 lakh fine on Axis Bank for violation of KYC norms

    No NEFT service for 14 hours on May 23: RBI

    Mumbai (Maharashtra) [India], May 17 (ANI): The National Electronic Fund Transfer (NEFT) service will not be available for 14 hours on May 23, the Reserve Bank of India (RBI) said on Monday. “A technical upgrade targeted to enhance…

  • Business

    No NEFT charges for savings A/C holders from Jan 2020: RBI

    New Delhi: The Reserve Bank of India (RBI) has directed banks not to charge savings account holders for NEFT with effect from January 2020. The National Electronic Funds Transfer (NEFT) is an…

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