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All about Real Time Gross Settlement(RTGS) and National Electronics Funds Transfer(NEFT)

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Showing posts with label AML. Show all posts
Showing posts with label AML. Show all posts
Wednesday, May 13, 2015

RBI imposes penalty on Sri Ganesh Co-operative Bank Ltd., Gulbarga, Karnataka

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The Reserve Bank of India has imposed a monetary penalty of ₹ 15.00 lakh (Rupees Fifteen lakh only) on Sri Ganesh Co-operative Bank L...
Wednesday, April 29, 2015

11 observations on Reserve Bank of India’s monetary penalty on three Banks; cautions Eight

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01)    Today vide a Press Release RBI has announced that it has imposed monetary penalty on the following three banks for violation of R...
Tuesday, June 25, 2013

National electronic funds transfer (NEFT) transaction code 50

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            In NEFT there are specific codes for special type of transactions. For eg: Transaction Code 52 denotes Credit Card Transacti...
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