Digital push: Transfers via RTGS/NEFT made free

RBI urges banks to pass on benefit to their customers

Digital transactions are likely to get a boost and payments through other modes such as cash, demand draft and cheque may come down as the Reserve Bank of India has decided to do away with the charges it levies on fund transfers through RTGS and NEFT routes.

Read more at : Digital push: Transfers via RTGS/NEFT made free

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