Tag: fund transfers
Posted in Business
Saturday bank holiday: Are banks open or closed today on Saturday, October 19? See full list of October 2024 holidays
October 19, 2024 Leave a Comment on 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,…
Posted in Finance
Beneficiary account name look-up facility for RTGS, NEFT transactions soon; how it will reduce wrong money transfers
October 9, 2024 Leave a Comment on 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…