The central bank has approved a Rs 2 increase in ATM interchange fees for financial transactions and Re 1 for non-financial transactions. Customers of smaller banks may feel the pinch more, as they ...

Mumbai: The Reserve Bank of India (RBI) has announced a significant change for ATM users, effective from May 1, 2025. Under the new guidelines, customers will be charged Rs 23 per transaction ...

Starting May 1, customers will see a bump in ATM transaction charges across India. These charges apply once users exhaust their free monthly limits — five transactions in metro cities and three ...

Initially, the bill limited crypto ATM customer transactions to $1,000 a day, but a House committee last month loosened the limits, with a $2,000 a day limit for the first five transactions within ...

The State Bank of India (SBI) has announced significant changes to its ATM transaction charges and free usage limits. These ...

The Reserve Bank of India (RBI) has approved an increase in ATM interchange fees, raising charges by Rs 2 for financial transactions and Re 1 for non-financial transactions. The revision ...

The higher fees aim to compensate for the growing expenses of running ATM networks. From May 1, the fee for financial transactions beyond the free limit will rise by Rs 2, bringing the total charge to ...

This move aims to sustain ATM operators' business viability. Cardholders in major cities will still have a limited number of free transactions available. This fee, charged between card-issuing and ...

The Reserve Bank of India has stated that as of May 1, 2025, customers utilising ATM banking services will incur a fee of Rs 23 per transaction, an increase from the previous amount of Rs 21 per ...

At a June 2024 ministerial meeting on crime prevention, Japan's government had set out the need to cap ATM transactions by the elderly to fight what's called "special" fraud, often carried out ...

James Bickerton is a Newsweek U.S. News reporter based in London, U.K. His focus is on covering news and politics in Texas, as well as other general news across the United States. James joined ...