RBI directs banks to implement beneficiary name look-up for RTGS, NEFT transfers by April 2025

Dec 31, 2024

The Reserve Bank of India (RBI) has directed banks giving Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) services to introduce...

IDFC FIRST announces zero-fee banking for 25 services in savings accounts

Dec 18, 2022

The Bank has waived off fees on 25 commonly-used banking services related to savings accounts such as cash deposit and withdrawal at branches, third-party...

24X7 RTGS transaction facility to start from tomorrow: RBI

Dec 13, 2020

Mumbai (Maharashtra) [India], December 13 : The Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday said Real Time Gross Settlement (RTGS) facility...

RTGS facility to be unavailable for 14 hours on Sunday

Apr 15, 2021

Mumbai (Maharashtra) [India], Apr 15 : The Real Time Gross Settlement (RGTS) service for fund transfers will not be available for 14 hours on...

India's real GDP expected to contract by 5.2 pc in FY21: Motilal Oswal

Sep 01, 2020

Mumbai (Maharashtra) [India], September 1 : While the real gross domestic product (GDP) contracted by 23.9 per cent and gross value added (GVA) by...

Expect real GDP growth of 7 to 8 pc in 2Q FY22: Motilal Oswal

Sep 06, 2021

Mumbai (Maharashtra) [India], September 6 : Motilal Oswal Financial Services on Monday projected a real gross value added (GVA) growth of 7 to 8...