SC: Delhi HC Can Restrict Senior Advocate Designation to Its Own Retired Judges  ||  Supreme Court: ‘Himachal May Disappear’, Flags Environmental Crisis  ||  Delhi HC: Civil Courts Can Block Foreign Arbitration if it’s Oppressive  ||  Madras HC: No Political Symbols or Leader Photos in Welfare Ads  ||  Bombay HC: Fresh Corruption Trial Allowed After Valid Sanction  ||  Calcutta HC: Compromise Scheme Under Companies Act Overrides SARFAESI  ||  SC: Authority Imposing Minor Penalty Can Initiate Major Penalty Charges  ||  SC Slams HC for 2-Year Bail Delay, Calls for Sensitivity in Liberty Cases  ||  SC: Recalls Judgment in Bhushan Steel Case Citing Injustice Under Art. 142  ||  HP HC: No Detention Merely for Suspected Heroin in Blood    

Reserve Bank of India Removes Charges on NEFT, RTGS Transfers - (07 Jun 2019)

BANKING

Reserve Bank of India (RBI) has announced that it is waiving off charges that are applied on bank transfers carried out either by National Electronic Funds Transfer (NEFT) or Real Time Gross Settlement System (RTGS). The RBI asked consumer banks to pass on this benefit to customers, essentially asking banks to NEFT and RTGS transfers free of cost.

Tags : RESERVE BANK OF INDIA   NEFT   RTGS  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved