Contact Your Financial Adviser Money Making MC
11
January 2018
 |
Banking (The Total
Investment & Insurance Solutions)
Describing
media reports about discontinuing free banking services in the country from
January 20 as being false, the government on Wednesday urged people not to pay
heed to such "baseless rumours".
Media
reports had appeared earlier saying all free services of public sector banks
would be discontinued from January 20. The Total Investment & Insurance Solutions
"No
proposal by banks to discontinue free services from 20th January. Pure Rumours.
Pl Ignore, advises Indian Banking Association clarifying that rumours in
section of social media are baseless and no such blanket removal.
@finmin@pmoindia@PIB@ANI," tweeted Financial Services Secretary Rajeev
Kumar. The Total
Investment & Insurance Solutions
The
Indian Banks' Association (IBA) also denied that such a move was in the offing. The Total Investment & Insurance
Solutions
"There
is neither a move by banks for a blanket removal of free services nor such a
thing is being contemplated," said a statement from the IBA Chief Executive's
office in this regard.
The Total Investment & Insurance Solutions
"However,
banks, looking at their commercial and operational costs, would constantly
examine and revise charges as the case may be," the statement added.The Total Investment & Insurance Solutions
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