The Reserve Bank of India (RBI) announced an increase in ATM cash withdrawal charges, effective from May 1, 2025. Under the new rule, banks are permitted to charge a maximum of Rs 23 per transaction ...
From May 1, 2025, banks will apply the revised fee structure for the usage of automated teller machine (ATM) as directed by the Reserve Bank of India (RBI); this may make ATM withdrawals beyond the ...
Currency in circulation has (CiC) jumped even as UPI transactions have surged in the backdrop of higher withdrawals from ATMs in states such as Karnataka due to GST notices to small merchants and its ...