Failed transactions are a very familiar incident to those who use ATMs frequently. RBI, the highest authority in Indian banking system, has come up with a better rule set which is all about a specific turnaround for any bank in case there is any failed transaction. In this set of new rules, RBI has included the case where user account gets debited but they do not get … [Read more...] about Recent ATM cash withdrawal rules that you should know
Charges
SBI has reduced the transaction charges of RTGS/NEFT to ZERO
RTGS/NEFT transaction is for inter bank transfer purpose and also each of them works at different timings and limits. Recently, SBI has revised the transaction charges of NEFT/RTGS in branch channel to promote digital transaction and also to compete with private sector banks. Government has also pushed to promote the digital transactions among new generations is also one … [Read more...] about SBI has reduced the transaction charges of RTGS/NEFT to ZERO