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13-Jul2017

SBI cuts NEFT, RTGS charges by up to 75%: Report

State Bank of India (SBI), country's largest lender has reportedly cut the National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) charges up to 75%, with effect from July 15, 2017. The reduced charges will be applicable on the transactions done through internet banking and mobile banking services offered by the bank.

State Bank of India (SBI) offers a wide range of services in the Personal Banking, Agriculture/Rural, NRI services, SME and Corporate Banking etc. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.


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