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RBI instructs banks to waive off NEFT and RTGS charges w.e.f. July 01, 2019

June 12, 2019
In order to boost digital transactions, the Reserve bank of India issued a circular on June 06, 2019 to waive off the charges levied on RTGS and NEFT. Now, the RBI has issued instruction to the banks to waive off processing charges on fund transfer though NEFT and RTGS with effect from July 01, 2019.
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