Reserve Bank allows lenders to increase ATM interchange fee to ₹17 from August2 min read . Updated: 11 Jun 2021, 05:42 AM IST
- The interchange for non-financial transaction has been increased to Rs6, from Rs5 earlier, with effect from 1 August
The Reserve Bank of India (RBI) on Thursday raised the interchange fee that banks can charge on automated teller machine (ATM) transactions to ₹17 per financial transaction.
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