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FAQ: Just what are NEFT and RTGS?

National Electronic Fund Transfer and Real Time Gross Settlement allow individuals, companies and firms to transfer funds from one bank to another. You can check the RBI website for a list of......

RBI to upgrade high-value fund transfer system

The Reserve Bank plans to upgrade its high-value online fund transfer system RTGS to enable handling of up to 50 lakh transactions a day and incorporate various new facilities for bank......

Boon for customers, not for banks

There is a flip side to the technological developments in banking. Real time gross settlement (RTGS), ushered in few months back, has turned out to be a boon for customers, but a bane for banks.......

RTGS set to spring many benefits

How many times have you wished that the salary cheque you deposited in the bank got cleared in a day instead of the usual three for local cheques -- or more than a week for outstation cheques?Your......

T+1 hinges on RTGS adoption, says Bajpai

Chairman of Securities and Exchange Board of India, G N Bajpai, told Business Standard on Monday that the T+1 settlement system can take off only after the real time gross settlement system is......

Why flops don't bother Prithviraj

Prithviraj is not worried about the failure of his latest Malayalam films at the box office. One look on the line up of high profile projects in the pipeline, and we know why. Clad in......

The films that show off Mumbai best!

Not just the city of dreams, Mumbai's also the city of movies, the city immortalising the aforementioned dreams. So it isn't any surprise that filmmakers often look to it for inspiration, finding......

Looking at Obama's UP connection!

Phas Gaye Re Obama -- previously titled With Love to Obama -- is a comedy set against the backdrop of the global meltdown that originated in USA. Subhash Kapoor's movie stars Neha Dhupia,......

Russell Brand & Katy Perry's Indian wedding

Get your low down on what's happening in the world of Hollywood, right here! Russell Brand and Katy Perry are planning an Indian wedding, which will last for an entire week. Get Him To The......

Vote for the best movie trailers!

Half the year may have come and gone but there are many more good movies waiting to release. Here's a look at the exciting fare coming up. And after you breeze through these trailers,......

Champions League Images: Porto sink Arsenal

A controversial Radamel Falcao effort gave Porto a 2-1 win over Arsenal in their Champions League last-16 first leg on Wednesday. But the English side will take heart from Sol Campbell's away goal......

India's No 1 ranking on the line at Eden

India's number one ranking in Test cricket is on the line when they take on South Africa in the second and final Test at the Eden Gardens, beginning on Sunday. Mahendra Singh Dhoni's side went......

People speak for rtgs

QNA

Q. WHICH BANK ACCT MUST HAVE BEEN USED TO DEPOSIT/WITHDRAW HUGE CASH. OR WAS IT TAKEN FROM DAILY TICKET COLLECTIONS IN CASH?
Shyamvanwari: A. more

http://qna.rediff.com/questions-and-answers/which-bank-acct-must-have-been-used-to-depositwithdraw-huge-/25541899/answers/

Q. Our company had received copy of RTGS/NEFT format from Banker. I again made it in excel and after filling in details, company submitted to the Bank. The Bank enquired who has made such nice format and asked us to e-mail to them. I just wondered is there nobody to make such format in bank? They usually circulate old Xerox copy?
Rajesh: A. RTGS more

http://qna.rediff.com/questions-and-answers/our-company-had-received-copy-of-rtgsneft-format-from-banker/25516670/answers/25541905

Q. NEFT = NATIONAL ELECTRONIC FUND TRANSFERRTGS = REAL TIME GROSS SETTLEMENT
Alstorm Technologies: A. RTGS/NEFT format from Banker more

http://qna.rediff.com/questions-and-answers/neft--national-electronic-fund-transferrtgs--real-time-gross/25498358/answers/25516675

Q. which is faster transfer of moneyRTGS or NEFT
Amol Raikar: A. sahi hai ji.. more

http://qna.rediff.com/questions-and-answers/which-is-faster-transfer-of-moneyrtgs-or-neft/24870428/answers/25498364

Q. what is the ful name rtgs
MANISH: A. rtgs more

http://qna.rediff.com/questions-and-answers/what-is-the-ful-name-rtgs/24595494/answers/24870438

Web results for Rtgs

Cyber frauds Experts blame banks; banks find faults with clients

Online payment image via ShutterstockWith Harsh Goenka-promoted RPG Group becoming latest victim to fall prey to fraudsters who hacked its current... ...

http://www.business-standard.com/india/news/cyber-frauds-experts-blame-banks-banks-find-faultsclients/247416/on

VMC employees continue to wait for payment of salary

The writer has posted comments on this article TNN | May 18, 2013, 11.19 PM IST RELATED VARANASI: Employees of the Varanasi Municipal Corporation... ...

http://timesofindia.indiatimes.com/city/varanasi/VMC-employees-continue-to-wait-for-payment-of-salary/articleshow/20127376.cms

How the money is siphoned off

Explaining the modus operandi, a senior bank official said, it all starts with floating of bogus companies and opening current accounts in the name... ...

http://www.thehindubusinessline.com/industry-and-economy/banking/how-the-money-is-siphoned-off/article4721355.ece

To curb frauds, banks plan more checks on e-transfer of funds

from one account to another and opening of current accounts may soon become a little more difficult. Taking a cue from the recent frauds in West... ...

http://www.thehindubusinessline.com/industry-and-economy/banking/to-curb-frauds-banks-plan-more-checks-on-etransfer-of-funds/article4721356.ece

Kotak Mahindra launches Mobile Banking app for Android, iPhone and iPad

Kotak Mahindra Bank (KMB) has launched a Mobile Banking App for Android and iOS devices. This app lets you check the bank balance, view past... ...

http://www.fonearena.com/blog/69702/kotak-mahindra-launches-mobile-banking-app-for-android-iphone-and-ipad.html

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