Many public sector banks have merged

After the Modi government came to the center, many government banks have been merged. Now news is coming on social media that the plan for the merger of three rural banks of Uttar Pradesh is being prepared by the government. At this time, many types of news are coming out regarding the integration of banks.

Which banks are named?

It is being claimed on social media that the government is going to merge 3 more banks of UP. Baroda Uttar Pradesh Bank, Aryavart Bank and Prathama Uttar Pradesh Gramin Bank are named in this list.

A notification has been circulating claiming that the @DFS_India, under the @FinMinIndia, has issued a notification regarding the merger of three RRBs in Uttar Pradesh; Baroda Bank, Aryavart Bank, and Prathama Gramin Bank.

Note that this notification is fake. pic.twitter.com/gHfZ7VhEkT

— DFS (@DFS_India) July 17, 2023

Finance Ministry said the notification was wrong

After seeing this news, a notification has been issued by the Ministry of Finance that all the news going viral on social media are fake. There is no such plan of the ministry. The Finance Ministry has not issued any notification on the merger of three big rural banks of Uttar Pradesh.

The DFS department has given the information

along with this the Finance Ministry has said that at present there is no plan regarding the merger of banks. All such news are completely wrong. After the notification went viral, the Finance Ministry has taken cognizance of the matter. After this DFS has informed that this notification is completely wrong.

The post Bank Merger: Finance Ministry issued notification regarding bank merger, check details here first appeared on Rightsofemployees.com.

Recently, a news is becoming increasingly viral on social media that three rural banks of UP are being merged. Since the arrival of this news, there is an atmosphere of uncertainty among the customers of the bank. The banks whose merger news is viral on social media are Baroda Uttar Pradesh Bank, Aryavart Bank and Prathama Uttar Pradesh Gramin Bank.

Finance Ministry issued notification?

It is worth noting that for some time now a notification of the Ministry of Finance is viral on social media, in which it is being claimed that three big rural banks of Uttar Pradesh like Pratham Uttar Pradesh Gramin Bank, Aryavart Bank and Baroda Uttar Pradesh Banks will be merged. Used to be. After this notification went viral, the Finance Ministry has taken cognizance of this matter. After this DFS has informed that this notification is completely wrong and the government has not issued any such notification.

A notification has been circulating claiming that the @DFS_India, under the @FinMinIndia, has issued a notification regarding the merger of three RRBs in Uttar Pradesh; Baroda Bank, Aryavart Bank, and Prathama Gramin Bank.

Note that this notification is fake. pic.twitter.com/gHfZ7VhEkT

— DFS (@DFS_India) July 17, 2023

Finance Ministry said this

The Department of Financial Services of the Ministry of Finance has categorically denied the news going viral and said that the Finance Ministry has not issued any kind of notification on the merger of three big rural banks of Uttar Pradesh. Along with this, the government has not issued any notification on the merger of banks. In such a situation, it is completely wrong and there is no need to believe it.

The post Bank Merger: Finance Ministry has given an important information on the merger of three rural banks first appeared on Rightsofemployees.com.

Now the Ministry of Finance has given relief information. The ministry said that the government is not considering levying any charge on the UPI payment service.

The Finance Ministry tweeted, “UPI is one such digital platform which is highly convenient for the public and has a major contribution to the economy. No charges are being considered for the UPI payment service. Other options will be considered for cost recovery for service providers.”

UPI is a digital public good with immense convenience for the public & productivity gains for the economy. There is no consideration in Govt to levy any charges for UPI services. The concerns of the service providers for cost recovery have to be met through other means. (1/2)

— Ministry of Finance (@FinMinIndia) August 21, 2022

What is UPI
Let us tell you that UPI is a real time payment system, which allows instant transfer of money from one bank account to another bank account. The special thing is that you can transfer money through UPI anytime, night or day.

How UPI System of Money Transfer Works Using the UPI facility is quite easy. For this, you have to download any UPI app like Paytm, PhonePe, Google Pay, BHIM etc. in your mobile. You can use this system by linking your bank account with the UPI app. Through UPI, you can link one bank account with multiple UPI apps. At the same time, multiple bank accounts can be operated through one UPI app.

The post Big News! Finance Ministry issued notification regarding UPI Charges, UPI service will be free, see full details first appeared on Rightsofemployees.com.