The revision in fees follows requests from white-label ATM operators, who sought higher withdrawal charges due to increasing ...

The RBI has approved a Rs 2 increase in ATM interchange fees, which is a charge that one bank pays to another for offering ...

"Money is stolen from the customers, and they don’t even know how much money banks take away from them under these charges ...

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

The hike is part of an RBI-approved revision based on a proposal by the National Payments Corporation of India (NPCI).

Banks are yet to finalise whether they will pass on the increased costs to customers. However, industry discussions suggested ...

Starting May 1, withdrawing cash from ATMs in India will become more expensive as the Reserve Bank of India (RBI) has ...

ATM transactions may become pricier due to an increase in interchange fees approved by the Reserve Bank of India.

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

Withdrawing cash from ATMs will become more expensive in India starting May 1, 2025, as the Reserve Bank of India (RBI) has ...

The central bank has approved a Rs 2 increase in ATM interchange fees for financial transactions and Re 1 for non-financial ...

Starting May 1, withdrawing cash from ATMs in India will become more expensive. The Reserve Bank of India has approved a hike ...