Last week, the Reserve Bank of India (RBI) allowed banks to increase the fees they charge to customers for using the ...

RBI to charge ₹23 per ATM transaction from customers, effective from 1 April 2025. Check new banking rules and transaction ...

The Reserve Bank of India has raised the maximum ATM withdrawal fee banks can charge to Rs 23, starting May 1, 2025. This ...

A bank can charge its customer up to ₹23 per transaction if his transactions exceed the mandatory free transactions at either ...

Starting May 1, customers will have to pay Rs 23 per transaction at ATMs beyond the mandatory free transactions provided by their banks. Currently, banks charge Rs 21 per transaction for exceeding the ...

The decision to increase interchange fees was endorsed by the National Financial Switch Steering Committee on March 6, 2024, following a series of requests from ATM operators who have been grappling ...

The proceeds will be used to enhance the technological capabilities of majority-owned Indian subsidiary Transaction Solutions ...

The funds will be utilised to enhance TSI's technological infrastructure, scale merchant payment solutions, and expand its ATM and payment processing footprint across key Indian markets.

ATM withdrawals will become more expensive starting May 1, as the RBI and NPCI approve an increase in interchange fees. This ...

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news ...

Indian consumers will face higher ATM withdrawal costs as the Reserve Bank of India (RBI) and the National Payments ...

The RBI and NPCI approved a Rs 2 increase in ATM interchange fees for cash withdrawals, effective from May 1, 2025. The new ...