Largest public sector lender has waived funds transfer charges for an IMPS of Rs 1,000.
State Bank of India is country's largest lender.
Mumbai: With the implementation of the Goods and Services Tax, the State Bank of India has revised its Immediate Payment System (IMPS) transfer charges. And in order to promote small ticket size transactions, SBI has waived off IMPS charges for transfer up to Rs 1,000.
SBI has revised its IMPS transfer charges.
( Source : deccan chronicle )
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