.........However,
those who opt out of SMS alerts will continue to get alerts that are
prescribed by RBI. For instance, RBI insists that banks send SMS alerts
for withdrawals beyond Rs 5,000. But many banks have kept this as a
negative option, which means that unless customers specifically ask for
the free alerts, they will be billed Rs 60 for all alerts.
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
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