RBI: Large fund transfers to be 24/7, contactless card payment hiked to ₹5,0001 min read 04 Dec 2020, 10:58 AM IST
RBI has been trying to make electronic mode of payments more convenient for businesses. Last year, it had allowed transfer of funds via National Electronic Funds Transfer (NEFT) system on a 24x7x365 basis
MUMBAI: Customers will soon be able to transfer funds through real-time gross settlement (RTGS) will be available round-the-clock in the next few days, Reserve Bank of India (RBI) governor Shaktikanta Das said on Friday.
Select your Category