Current Affairs Economy & Banking

RBI waives NEFT, RTGS transfer charges for savings account holders

Category : Economy & Banking

 The Reserve Bank of India (RBI) has waived NEFT, RTGS transfer charges for savings account holders. In an order, RBI instructed banks to make all online payments done through RTGS and NEFT free of cost for savings account holders. The new rule will be effective from January 1, 2020.
Source: The Live Mint


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