Going Digital Cost Benefit Analysis
The government and the private sector are encouraging people to go digital in the wake of demonetisation. but there are costs attached.
* In the wake of demonetisation, as a temporary measure, the RBI has asked banks not to charge anything for fund transfer of up to `1,000 through IMPS, UPI and USSD. This will be effective between January 1 and March 31, 2017. Plus service tax Source: NPCI, RBI, Bank website
