Finance
Problem LalRBI ka naya rule: Forex charges ab nahi honge chhupaye
Arre bhai, suno! RBI ne socha hai foreign exchange ki chori khatam karne ka! Ab jab bhi aap paisa bhejoge, sab kharch ek hi nazar mein dikh jayega! FX rate, conversion fees, sab kuch! Sitashwa bhai kehte hain ki yeh surprise kharch khatam karne ke liye hai, par mujhe toh abhi bhi samajh nahi aa raha! Dekho bhai, ab bank waale bhi khud ko justify karna padega!
few days ago | Amit Kumar
Quick rundown
1.RBI's proposal aims to improve transparency in forex transactions.
2.Consumers will see total transaction costs upfront, not just indicative rates.
3.Hidden fees like exchange-rate mark-ups and bank fees will be disclosed.
4.The change could pressure banks to offer competitive pricing.
5.Consumers should focus on final outcomes rather than just exchange rates.
