Current Affairs Economy & Banking

No charges on NEFT, RTGS money transfers from 1 July

Category : Economy & Banking

  As per Second Bi-monthly Monetary Policy Statement for 2019-20, the Reserve Bank of India will stop imposing additional charges on Fund transfer through RTGSand NEFT systems from 1st July, 2019. This has been done to provide an impetus to digital funds movement.
Source: The Business Today


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