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प्रश्न
Explain - NEFT.
टीपा लिहा
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उत्तर
National Electronic Fund Transfer (NEFT) was launched by the RBI in 2005. Under this electronic funds transfer system, bulk transfers of transactions are settled in batches during specific timings across India. Individuals and institutions which maintain accounts with an NEFT-enabled bank branch are eligible for using NEFT.
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