Thursday, March 17, 2016

NEFT



Banks were advised to submit data pertaining to NEFT transactions by walk-in customers on a quarterly basis wef 31/3/2014.

It has been decided to discontinue the submission of this report wef March 31/3/2014. However, as and when required, the Reserve Bank may call for adhoc reports regarding the data.

Based on RBI Circular dt 17/03/16. Please visit www.rbi.org.in for any further clarification if required….. Poppy