UAE Fund Transfer System processed transactions worth AED3 trillion in Jan-Feb 2024

Apr 30, 2024

The gross value of interbank fund transfers through the UAE Fund Transfer System (UAEFTS) rose to more than AED 3 trillion during January and...

UAE Fund Transfer System processed transactions worth AED 3.89 trillion in Q1 2023

Jun 09, 2023

Statistics showed that bank transfers and customer transfers conducted in the period under review stood at AED 2.47 trillion and AED 1.21 trillion respectively.

SC reserves order on PIL to transfer PM CARES contributions to disaster relief fund

Jul 27, 2020

New Delhi [India], July 27 : The Supreme Court on Monday reserved its order on a public interest litigation (PIL) seeking directions to transfer...

Transparency writ large on PM Cares Fund: Ravi Shankar Prasad

Aug 18, 2020

New Delhi [India], August 18 : After the Supreme Court rejected a plea seeking transfer of all contributions made to the PM Cares Fund...

"A logistical marvel": International Monetary Fund on India's direct cash transfer scheme

Oct 13, 2022

Washington [US], October 13 : The International Monetary Fund (IMF) on Wednesday hailed the deployment of the cash transfer scheme in India and described...

No NEFT service for 14 hours on May 23: RBI

May 17, 2021

Mumbai (Maharashtra) [India], May 17 : The National Electronic Fund Transfer (NEFT) service will not be available for 14 hours on May 23, the...