After advising banks to display information regarding interest rates and service charges on the notice board inside their all the branches, now the central bank has asked them to do the same thing on their website. For the purpose, RBI has also issued a format in which the bank should display the information on their websites.
In a notification issued on Friday, RBI has devised a format for display of information relating to interest rates and service charges, which would enable the customer to obtain the desired information at a quick glance. It further said Banks are advised to display the information as per the format on their websites.
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