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Bank savings accounts News

Reserve Bank of India

08 Nov 2019

Banks asked not to levy NEFT charges on Savings Bank Accounts

To encourage the usage of digital transactions in India, the Reserve Bank of India (RBI) on Friday issued various proposals, and directed the banks "not to charge savings bank account customers for online transactions in the NEFT system with effect from January 2020".

Bank savings accounts

03 Mar 2017

Govt asks banks to enable m-banking for all by March 31

Mobile number seeding and enabling the same for m-banking are a pre-requisite for making mobile payments.

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