Current Affairs 2019-20 RBI recorded 11.4 lakh transactions - Study24x7
Social learning Network


New to Study24X7 ?

 Join Now

Current Affairs 2019-20 RBI recorded 11.4 lakh transactions in 8 hours after NEFT was made 24/7 operational

Updated on 15 February 2020
UPSC & State PSC 2021
6 min read 0 views
Updated on 15 February 2020

Today's top headlines for the Current Affairs for UPSC 2020 Exam is that RBI has received a total of 11.4 lakh of an online transaction within 8 hours after making NEFT 24*7.

People not used to of digital gadget and using the sources the government is providing to them. In Current Affairs 2020, it was recorded that within 8-hour, people have done the transaction of a considerable amount.

The decision of the RBI is successful and is making India's e-payment system stronger than earlier. which is a great thing for any nation Even the RBI is suggesting the banks to levy the charges onto the bank accounts for front transfer through NEFT or mobile apps.

RBI is recognizing how people are very used to using e payments because they are comfortable. Along with that, the amount could be transferred very smoothly within seconds without standing in the queues. The sources say that more advancement will be done from January 2020.

All The Best To All The UPSC 2020 Aspirants !

Write a comment...
Related Posts