Neft

India has two main electronic funds settlement systems for one to one transactions: the Real Time Gross Settlement (RTGS) and the National Electronic Funds Transfer (NEFT) systems. Transactions which are bulk and repetitive in nature are routed through electronic clearing service (ECS) which is further of two categories viz ECS-Credit (one debit and multiple credits e.g. Salary, Dividends) and ECS- debit (one credit and multiple debits e.g. bill payments, SIPs etc.). Local ECS scheme is provided in 81 centres and the Regional ECS scheme at 9 centres across India while the National ECS scheme is operated at Mumbai.
Posts about Neft
  • How Jack Daniel's uses storytelling to personalise the brand

    … vintage values are undergoing a huge revival currently, so there are also nods to popular current pastimes included, without shaking the mood. There’s a few cocktail recipes (served in the mandatory jam jars), last year the brand even partnered with Brooklyn Magazine, and this year Bar Stories includes a photo competition that will appear…

    Matt Owen/ Econsultancyin Google How To's- 2 readers -
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