Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 1535)

2017-05-10 Business

1535.

RBI is going to introduce new batches for settlement of payments through this transaction.

RTGS

NEFT

IMPS

Mobile wallet

Answer: Option

Explanation:

The Reserve Bank of India (RBI) will introduce new batches for settlement of payments through the National Electronic Funds Transfer (NEFT) to ensure better service for customers. The aditional 11 settlement batches at half- hourly intervals will be introduced from 10 July, beginning from 8.30 am till 6.30 pm.