Never miss a story

Get subscribed to our newsletter


×
In a statement, the bank also announced waiver of charges on IMPS (immediate payment service) effective from August 1. Pixabay

Lending major State Bank of India on Friday said that it has waived charges on RTGS and NEFT transactions with effect from July 1.

In a statement, the bank also announced waiver of charges on IMPS (immediate payment service) effective from August 1.


“In order to provide an impetus to digital funds movement, State Bank of India (SBI), the largest commercial bank in the country has waived RTGS (Real Time Gross Settlement) and NEFT (National Electronics Funds Transfer System) charges for YONO (an integrated digital and lifestyle platform by SBI), internet banking (INB) and mobile banking (MB) customers from July 1, 2019,” it said.


Lending major State Bank of India (SBI) on Friday said that it has waived charges on RTGS and NEFT transactions with effect from July 1. Pixabay

The SBI used to charge between Rs 1-5 for transactions through NEFT, and Rs 5-50 for RTGS transactions before July 1.

Also Read- Researchers: Sanitation, a Valuable Facet of Global Ecosystems

The Reserve Bank of India (RBI) decided not to impose charges on RTGS and NEFT transactions on banks from July and also urged the banks to pass on the benefit to the customers. (IANS)


Popular

Pixabay

Sports betting has become increasingly popular among the youth in recent times

Sports betting has been around for centuries for the audience to not only watch the sport but to get more deeply involved in the match. It is a fun and often profitable activity for the viewer to win some extra fortune or simply get some extra sweat while watching the game. At first glance, sports betting may look like it's pure luck, but when you indulge deeper into the activity you realize it is more of a calculative and research activity than just pure luck. We must note that yes, luck does play a certain role to some extend but a win is not completely dependent on luck, if you're putting your bets on a certain team you have to make sure to do some research about the players on the team, history of wins and losses of the team and compare the probability of winning and then place bets.

Even though sports betting has existed since the ancient era, it was not until recently that it became increasingly popular among the youth. This happened due to the legalization of the activity and the rise of online sports betting. The technological revolution has expanded the sports betting industry, offering the bettors new markets and ways to bet. The only major difference between online bookmarkers and traditional brick-and-mortar venues of sports betting is that now you can place bets online from your mobile devices, laptops, computers etc.

Keep Reading Show less
File

The government of Assam has recently consented to translate the research-based book by- Shri Salil Gewali titled "Great Minds on India"

It is indeed good news that the book showcasing the wisdom of India in the eyes of Western intellectuals is getting due recognition and appreciation from other states and abroad. After Karnataka and Punjab, the Government of Assam has recently consented to translate the research-based book by Shillong-based author - Shri Salil Gewali titled "Great Minds on India". The Chief Minister of Assam - Shri Himanta Biswa Sarma was amazed to know that so many top western scientists and philosophers have drawn a considerable amount of inspiration from ancient scriptures of India, particularly in the studies of modern physics, linguistic and astronomy. In the recent meeting with the author, the Chief Minister had highly appreciated Gewali's book and promised to read it thoroughly. Gewali's book was also approved for translation in the year 2020 by the former Chief Minister – Shri Sarbananda Sonowal but due to COVID-19, the translation work was delayed.

Follow NewsGram on Facebook to stay updated.

Keep Reading Show less
VOA

Supporters of the 2022 Beijing Winter Olympics cheer as they mark the start of the 100 days countdown to the opening of the Winter Olympics in Beijing, China, Oct. 26, 2021

BEIJING — Chinese organizers have confirmed participants in next year's Winter Olympics will be strictly isolated from the general population and could face expulsion for violating COVID-19 restrictions.

Vice mayor and Beijing 2022 organizing committee official Zhang Jiandong told reporters Wednesday that those taking part in the games beginning Feb. 4 must remain in a "closed loop" for training, competing, transport, dining and accommodation.

Keep reading... Show less