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National Electronic Funds Transfer (NEFT) is an electronic funds transfer system maintained by the Reserve Bank of India (RBI). Started in November 2005, the setup was established and maintained by Institute for Development and Research in Banking Technology . [ 1 ]
The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems.
Started in November 2005, [1] the National Electronic Fund Transfer (NEFT) system is a nationwide system that facilitates individuals, firms and corporates to electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country. It is done via electronic messages.
Writing systems are used to record human language, and may be classified according to certain common features.. The usual name of the script is given first; the name of the languages in which the script is written follows (in brackets), particularly in the case where the language name differs from the script name.
Being the official script for Hindi, Devanagari is officially used in the Union Government of India as well as several Indian states where Hindi is an official language, Bihar, Chhattisgarh, Haryana, Himachal Pradesh, Jharkhand, Madhya Pradesh, Mizoram, Rajasthan, Uttar Pradesh and Uttarakhand, and the Indian union territories of Delhi, Andaman and Nicobar Islands and Dadra and Nagar Haveli ...
Also simply called Nāgarī (Sanskrit: नागरी, Nāgarī), [7] it is a left-to-right abugida (a type of segmental writing system), [8] based on the ancient Brāhmī script. [9] It is one of the official scripts of the Republic of India and Nepal. It was developed and in regular use by the 8th century CE [7] and achieved its modern form ...
From the 11th century AD onwards the Tamil script displaced the Pallava-Grantha as the principal script for writing Tamil. [ 6 ] [ 2 ] In what is now Kerala , Vatteluttu continued for a much longer period than in Tamil Nadu by incorporating characters from Pallava-Grantha to represent Sanskrit loan words in early Malayalam .
Structured Financial Messaging System (SFMS) is a secure messaging standard developed to serve as a platform for intra-bank and inter-bank applications. It is an Indian standard similar to SWIFT which is the international messaging system used for financial messaging globally. SFMS can be used for secure communication within the bank and ...