alexa
 
Home News NEFT fund transfer to get faster

Read more interesting news from around the globe with Wealth Doctor App

Google Play
 
NEFT fund transfer to get faster

NEFT fund transfer to get faster

Wednesday, April 12, 2017, 8:33 AM

Fund transfer via NEFT or National Electronic Funds Transfer is set to get faster. Instead of hourly basis, the fund transfer will happen in batches of 30-minute intervals, said RBI Deputy Governor BP Kanungo. NEFT or National Electronic Funds Transfer is an electronic payment system that allows individuals to transfer funds between banks. This fund transfer system is maintained by the RBI.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!