 "online fund transfer, fund transfer, online payment")
India moved to round-the-clock payment transfer system effective Monday, joining only a handful of countries globally to do so. On top of it, the Reserve Bank of India (RBI) said effective January 1, banks should not charge anything to their savings account holders for availing such a facility through online or mobile modes.
From Monday, the facility got activated, and banks have started offering their customers round-the-clock NEFT services, except for a half an hour break after midnight in some cases.
Earlier, effective July 1, the RBI had waived processing charges it for transactions processed in NEFT. Last
From Monday, the facility got activated, and banks have started offering their customers round-the-clock NEFT services, except for a half an hour break after midnight in some cases.
Earlier, effective July 1, the RBI had waived processing charges it for transactions processed in NEFT. Last
