National Electronic Funds Transfer: Difference between revisions
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==Other | ==Other resources== | ||
*[https://www.rbi.org.in/commonperson/English/Scripts/FAQs.aspx?Id=274 About the National Electronic Funds Transfer System - Reserve Bank of India] | *[https://www.rbi.org.in/commonperson/English/Scripts/FAQs.aspx?Id=274 About the National Electronic Funds Transfer System - Reserve Bank of India] | ||
*[https://www.treasurers.org/hub/cash-management/payments-landscape The payments landscape - Barclays Bank] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Latest revision as of 06:48, 1 November 2024
Funds transfer - infrastructure - India - Reserve Bank of India (RBI).
(NEFT).
India's National Electronic Funds Transfer (NEFT) is a nation-wide centralised payment system owned and operated by the Reserve Bank of India (RBI).
- Focus on India
- "There are three payment rails in India – RTGS for high-value payments, NEFT for low value, and IMPS for small-value immediate payments."
- The payments landscape - Barclays Bank.
See also
- Immediate Payment Service (IMPS)
- Infrastructure
- India
- Instant payments
- National Payments Corporation of India (NPCI)
- Payment rail
- Platform
- Real-time gross settlement system (RTGS)
- Retail
- Payments and payment systems
- RuPay
- United Payments Interface (UPI)
