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Mightyindian's comment on The govt should simplify inter and intra-bank money transfers to pave the way for cashless economy

The principle of core Banking stands defeated if we have to pay money to deposit in non home branches. THe original plan was one bank one customer. Customer can pay anywhere in India. Slowly banks introduced service charges. Cash deposit machine has been introduced.I feel shortly charges will be added to deposit money. Cash withdrawal has been restricted. It is good to hear that non cash transaction is being introduced and encouraged. But will it not invite charges in near future. Bank employees salaries are skyrocketing at the cost of account holders money. Mechanisation expected to reduce bank employees thus reducing the expenditure. But opposite is happening. We have to pay more to save our money with bank.
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