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Sawant hails removal of fund transfer charges via RTGS, NEFT

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Press Trust of India Panaji
Last Updated : Jun 06 2019 | 11:55 PM IST

Goa Chief Minister Pramod Sawant Thursday welcomed the Reserve Bank of Indias(RBI) decision to remove charges on fund transfers through RTGS and NEFT routes, saying it would help the Digital India mission.

Sawant took to Twitter to appreciate the decision which he termed as pro-people.

"Yet another pro people move by Modi Sarkar. #DigitalIndia mission of PM Shri @narendramodi ji will get a major boost with removal of charges on NEFT and RTGS transactions, the chief minister tweeted.

The Reserve Bank Thursday announced it was waiving charges applied on bank transfers carried out either by National Electronic Funds Transfer (NEFT) or Real Time Gross Settlement System (RTGS).

The RBI asked banks to pass on this benefit to customers.

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First Published: Jun 06 2019 | 11:55 PM IST

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