Good News! RBI scraps RTGS, NEFT charges for online fund transfers
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Good News! RBI scraps RTGS, NEFT charges for online fund transfers
Reserve Bank of India levies minimum charges on banks for transactions routed through its RTGS and NEFT.
https://www.financialexpress.com/money/good-new...
No charges on RTGS, NEFT online transactions; RBI to issue notification soon
The RBI decision to make RTGS and NEFT free from charges will benefit lakhs of users who conduct online transaction.
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Simple, this is to make UPI chargeable. RTGS to samajh aata hai ki businessmen use karte hain, NEFT koi nahin karta aajkal. Isi bahaane UPI charge lag jayega.
Waah! Kaisi dayawaan ban rahi hai RBI 
Bas nahin chalta in sab commissionkhoron ka warna bank mein entry ka bhi 10₹ lagaa dein
there was a rumour last year that even for cheque deposits, every passbook update entry they will charge money but later they said its fake news… 
Good move but if they charge for upi that should be bad for all
Union Bank Of India Charges For New Passbook Also 138+ GST 
And I Guess They Are Planning To Make UPI Chargeable Waise Bhi Ab Paytm UPI Nhi Ate 
RBI and government want to push cashless drive. They may add / increase charges on cash txns, ATM txns etc., which is good in my opinion.
Harder to cheat on taxes if its cashless transactions..
By the way most of us didn’t read the news in detail. RBI has dropped charges on NEFT and RTGS which was anyways negligible, this is charge RBI was charging. RBI deals in NEFT and RTGS while NPCI deals in IMPS and UPI.
RBI has asked banks to pass this benefit. Which will not more 20-25 paisa NEFT and 1-1.5 rs in RTGS.
Aisi cheezein chhoti chhoti font mein hoti hai, insurance terms ki tarah 
BTW, thanks for the detailed information. KG! 
Will That Effect Banks And In Return If They Start Charging Customers In Some Other Way?