Thursday, June 6, 2019

RBI waives off charges on RTGS/NEFT transactions to boost digital transactions

In order to provide an impetus to digital funds movement, RBI has decided to do away with the charges levied by the RBI for transactions processed in the RTGS and NEFT systems. RBI has asked the banks to pass on the benefits to customers. Instructions to banks in this regard will be issued within a week, said the bank.

from taxmann.com News http://bit.ly/2WrMKdv

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