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ATM interchange fee set to rise from May after four years
Financial Express Ahmedabad
|March 24, 2025
THE RESERVE BANK of India (RBI) has approved an increase in ATM interchange fees, raising charges by ₹2 for financial transactions and ₹1 for non-financial transactions.
THE RESERVE BANK of India (RBI) has approved an increase in ATM interchange fees, raising charges by ₹2 for financial transactions and ₹1 for non-financial transactions. The revision will be effective from May 1, said banking sources.
An ATM interchange fee is a charge that a bank pays to another bank to use ATM services; this fee is usually a percentage of the transaction and is often bundled with the customer's bill.
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FLERE HISTORIER FRA Financial Express Ahmedabad
Financial Express Ahmedabad
India in top 3 cargo mkts for Emirates
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Financial Express Ahmedabad
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3 mins
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Financial Express Ahmedabad
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1 min
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Financial Express Ahmedabad
States pare debt, but 20% target still elusive
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1 min
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Financial Express Ahmedabad
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2 mins
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Financial Express Ahmedabad
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1 min
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Financial Express Ahmedabad
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1 mins
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Financial Express Ahmedabad
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1 min
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Financial Express Ahmedabad
CBDC food subsidy pilot unveiled
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1 min
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Financial Express Ahmedabad
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