RTGS and NEFT transaction charges to drop with RBI removing their fees

Smh

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Nov 7, 2016
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so this will only reduce charges ? as RBI won't take their cut but banks will still charge to cover cost of providing online service.
 

Sushubh

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Oct 29, 2004
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The central bank asked consumer banks to pass on this benefit to customers, essentially asking banks to NEFT and RTGS transfers free of cost.
Unclear 🤔
 


Smh

Regulars
Nov 7, 2016
974
156
yes that mentioned in first article too

they should work more on fraud protection