Tag: fund transfers

All first and third Saturdays are usually working days for banks unless the RBI notifies otherwise.(Pradeep Gaur/Mint)
Posted in Business

Saturday bank holiday: Are banks open or closed today on Saturday, October 19? See full list of October 2024 holidays

Oct 19, 2024 08:31 AM IST Saturday bank holiday: For banks, first and third Saturdays are working days while second and fourth Saturdays are closed,…

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Beneficiary account name look-up facility for RTGS, NEFT transactions soon; how it will reduce wrong money transfers
Posted in Finance

Beneficiary account name look-up facility for RTGS, NEFT transactions soon; how it will reduce wrong money transfers

The Reserve Bank of India (RBI) has proposed a new feature that would allow RTGS and NEFT remitters to verify the recipient’s name before executing…

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