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70% want charges imposed on cash transactions to be suspended

70% want charges imposed on cash transactions to be suspended

Tuesday, March 7, 2017, 11:28 AM

According to a survey, the recent changes made by private banks on charges being imposed on cash transactions, have been met with opposition from consumers, with 70 percent saying that these levies should be suspended. While banks are thinking over this move as another step towards making India a less cash economy, consumers are calling it a bad decision.
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