NEFT is now open 24*7; RBI records 11.4 lakh transactions in 8 hrs (while you were sleeping)

RBI has operationalized NEFT 24×7 basis from Dec 16, 12:00 am onwards.
This ensures availability of anytime electronic funds transfer. RBI now joins an elite club of countries having payment systems which enable round the clock funds transfer and settlement of any value.

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