National Electronic Funds Transfer (NEFT)

Topics Covered: Awareness in the fields of IT, Space, Computers, robotics, nano-technology, bio-technology and issues relating to intellectual property rights. National Electronic Funds Transfer (NEFT) What to study? For Prelims: What is NEFT and RTGS? Significance. Context: RBI has extended the availability of National Electronic Funds Transfer (NEFT) round-the-clock on all the seven days of the week …