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Real Time Gross Settlement System

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Money transacted online to lure voters in polls: EC

Innovative methods like transfer of funds through the RTGS banking system and concealment of currency wads inside car bonnets were detected by Election Commission as it took steps to curb the use......

Google pushes UPI model of digital payments for US Fed

Citing the UPI’s phenomenal success in India, Google, in a letter to the Fed, said FedNow should be an open system, like the UPI. Photograph: Shannon Stapleton / Reuters. The US Federal......

Banks may seek your OK for fund transfer to your account

Under the proposed mechanism, the finance ministry has said banks will notify customers when someone tries to deposit money in their accounts, a government official said.  Banks may soon seek......

From December you can transfer funds via NEFT 24x7

The RBI has decided to allow round-the-clock fund transfers through NEFT from December this year in order to promote digital transactions.  The decision, the Reserve Bank of India said, "is......

SBI waives RTGS, NEFT charges

The country's largest bank, which has about 25 per cent market share, has also decided to do away with the charges on fund transfer through mobile phones using the IMPS from August 1. State Bank......

RBI cancels charges on RTGS/NEFT, asks banks to follow suit

The Reserve Bank of India on Thursday said it has done away with charges on fund transfers through RTGS and NEFT routes to boost digital transactions and asked banks to pass on the benefits to......
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Google pushes UPI model of digital payments for US Fed

Citing the UPI’s phenomenal success in India, Google, in a letter to the Fed, said FedNow should be an open system, like the UPI.... ...

http://www.rediff.com/money/report/google-pushes-upi-model-of-digital-payments-for-us-fed/20191215.htm

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