Tuesday, December 17, 2019

No Levy Charges on Fund Transfers made via NEFT System: RBI directs to Bank

The Reserve Bank of India (RBI) has directed banks participating in the NEFT system not to levy charges from their savings bank account holders for funds transfers done through NEFT system which is initiated online. In a Circular issued by the RBI said that, “In order to give further impetus to digital retail payments, it […]

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