CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This bank has announced to do away with charges on NEFT and RTGS transactions through internet and mobile banking from July 1.
A
Axis
B
HDFC
C
ICICI
D
SBI
Explanation: 

Detailed explanation-1: -India’s largest bank the State Bank of India (SBI) has not levying any transaction charges through IMPC, RTGS and NEFT for YONO, internet banking and mobile banking customers. Similarly, HDFC Bank imposes no charges on NEFT transactions.

Detailed explanation-2: -Banks do charge for transactions conducted in branches. NEFT and RTGS fees charged by banks such as SBI, HDFC Bank, ICICI Bank, and Punjab National Bank (PNB) for NEFT and RTGS transactions completed at bank branches are listed here. One of the transactions that many of us do online is transferring money.

There is 1 question to complete.