RBI/2005-06/218 Ref. DPSS (CO) No.796/01.01.59/2005-2006@@NBSP@@ @@NBSP@@ November 23, 2005 To Chairman / Chief Executive Officers of all the Scheduled Commercial Banks (Other than Regional Rural Banks)Electronic Payment Products - Service Charges An extract of the Mid-term Review of Annual Policy for the year 2005-06 reads as under- "Para 103: One of the constraints in the growth of electronic payment systems has been the high rate of service charges being levied by

RBI/2005-06/181 Ref. DPSS (CO) No.590/01.01.15/2005@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@@@NBSP@@ October 17, 2005To Chairmen / CEOs of all the banks participating in Electronic Clearing ServicesDear Sir Electronic Clearing Service (ECS) As you may be aware, Electronic Clearing service (ECS) is increasingly being used by various users like Govt. Departments, corporate bodies, etc. for repetitive payments like s

RBI/2005-06/53 DPSS(CO)Cir.No.04/10.01.01 /2005-2006 July 13, 2005 ToThe Chairman/Chairman & Managing Director/CEO all RTGS member banks Dear Sir / Madam,RTGS and other payment systems service charges As you are aware, over a period of time RBI has introduced a host of electronic payment products like ECS (Credit), ECS (Debit), EFT, SEFT and the Real Time Gross Settlement (RTGS) System. All these systems have since stabilized. We are also happy to observe that mem