or IFSC code while making an RTGS or NEFT transaction. In a recent notification, the Reserve bank of India (RBI) has said that it has introduced the beneficiary bank account name look-up facility ...

This includes all direct and sub-member banks of the RTGS and NEFT systems ... The National Payments Corporation of India (NPCI) has been tasked with developing this new facility.

The Reserve Bank of India (RBI) has announced a new beneficiary account name verification feature for Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) systems, requiring ...

[India], December 31 (ANI): The Reserve Bank of India (RBI) has directed banks giving Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) services to introduce beneficiary ...

The number of cyber frauds in India has spiked as more people start using mobile banking, NEFT and RTGS, a recent study by PwC and ASSOCHAM states. "Whether it's financial transactions ...

New Delhi, 30 (PTI) In a significant ruling, the Delhi High Court has asked the Reserve Bank of India to expeditiously activate the process of verifying the receiver’s name in RTGS and NEFT payment ...

New Delhi: Transferring money through National Electronic Fund Transfer (NEFT) system are set to become more convenient as the Reserve Bank of India (RBI ... all NEFT and RTGS transfer available ...

Mumbai, Dec 30 (IANS): The Reserve Bank of India (RBI) on Monday directed all ... name before initiating a transaction using the RTGS or NEFT system. "All banks who are direct members or sub ...

The Reserve Bank of India has directed the National Payments Corporation of India to create a feature allowing customers to verify the name of the bank account recipient before completing online fund ...