ICICI Bank has announced scheduled maintenance that will affect Real-Time Gross Settlement services. According to the bank's official email notification, inward and outward RTGS transactions will be unavailable from 11:55 p.m. on December 14, 2024, to 6:00 a.m. IST on December 15, 2024. ICICI Bank does not charge for RTGS transactions done via online channels such as Internet Banking, iMobile …
In a bid to give a push to digital payments, the Reserve Bank on Friday announced a slew of measures including enhancing the limit for contactless card transactions to Rs 5,000 and making RTGS transaction facility available round the clock from December 14. The RBI also decided to increase the limit for contactless card transactions to Rs 5,000 from Rs …
Country’s largest bank SBI charges between Re 1 and Rs 5 for transactions through NEFT and between Rs 5 and Rs 50 for RTGS route Starting Monday, fund transfers through RTGS and NEFT systems will cost less as Reserve Bank of India has waived all charges on these transfers and asked banks to pass on the benefits to customers. Country’s …
The Reserve Bank of India Tuesday said it will waive all charges on fund transfer through popular RTGS and NEFT systems from July 1 and asked banks to pass on the benefits to customers from the same day. In order to provide an impetus to digital funds movement, the central bank further said it has been decided that with effect …
Days after the Reserve Bank of India removed charges levied against National Electronic Funds Transfer and Real-time Gross Settlement and directed banks to pass on the benefits to customers, a committee has been formed to examine the gamut of charges taken against the withdrawal of money from Automated Teller Machines. In its June bi-monthly monetary policy meeting, RBI had said …
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