Free banking services to continue, No removal: Banks association
Written by : SMTV24x7 | Thu, Jan 11, 2018, 01:05 AM
New Delhi, Jan 11: On Wednesday, The Indian Banks' Association (IBA) dismissed the rumours of free banking services being withdrawn after January 20.
In an official statement, the Indian Banks' Association said "It is clarified by IBA that these rumours are baseless and false. Public should be careful and should not get misled by such messages. Such news are pure rumours and there are no such fresh RBI instructions/guidelines on this,"
Social media has been flooded with posts that free services of public sector banks will be ceased after January 20. Reacting to the hoax, Rajeev Kumar, secretary of Department of Financial Services, also tweeted: "No proposal by Banks to discontinue free services from 20th January. Pure Rumours. Pl Ignore.(sic)"