cash
By Mohammed Kudrati A viral message, stating that the State Bank of India will charge ₹57.50 per transaction exceeding 40 transactions through a savings bank account a year, is false, as there is no evidence in the bank's schedule of charges to indicate this. This transaction limit of 40 encompass all mediums - cards, cheques or standing instructions - according to the message. Further, the message states that this policy of the bank is in cahoots with the Reserve Bank of India to raise money for the government and urges people to transact in cash and no to go through the bank. An additional c...
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By Mohammed Kudrati A fake and viral message, circulating on WhatsApp and on social media, falsely states that the government is doling out ₹30,628 to combat inflation. The preview link in the message reflects that of the official website of the Ministry of Finance (finmin.nic.in), but the website it redirects to is dubious and unrelated to the government. Consumer prices are rising across the world, and India is no different, after prices in April rose 7.79%, the highest in eight years. Also Read: Finance Ministry's Comments On Inflation Contradicts PIB Fact Check The message can be seen belo...
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