Service charge

State Bank of India (SBI) will not charge service fees on IMPS transactions made through its digital banking channels

In an effort to boost digital transactions in the country, the State Bank of India (SBI) has announced that it will not charge any service fees on Immediate Payment Service (IMPS) transactions up to Rs 5 lakh through its digital banking channels. Informing clients in a tweet, the country’s largest public sector lender said that […]

Service charge

Kachka removing tips, 22% service charge implemented

The owners of the Russian-inspired restaurant in Portland say the tip system is rooted in inequality. PORTLAND, Oregon – Kachka, a famous Russian-inspired restaurant in Portland, will replace tips with a 22% service charge when it reopens after its vacation on Thursday. Company owners are instituting a fee to support their pay equity plan, which […]