RBI constitutes committee to review ATM pricing
PrintListen to this Article
0:00
0:00
The Reserve Bank of India has constituted a six-member committee to review the entire gamut of ATM charges and fees. In a press release, the RBI said, Chief Executive of Indian Banks’ Association VG Kannan will chair the committee consisting of senior officers from National Payments Corporation of India, SBI, HDFC Bank, Confederation of ATM Industry and Tata Communications Payment Solutions Limited.
The committee will review existing patterns of costs, charges and interchange fees for ATM transactions. It is to submit its report within two months from the date of its first meeting. #casansaar (Source - RBI, NewsOnAir)
The committee will review existing patterns of costs, charges and interchange fees for ATM transactions. It is to submit its report within two months from the date of its first meeting. #casansaar (Source - RBI, NewsOnAir)
Category : RBI | Comments : 0 | Hits : 201
The Supreme Court on Friday set aside the rejection of an IRS officer’s candidature for appointment as a member of the Income Tax Appellate Tribunal (ITAT), ruling that the involvement of the th...
The Reserve Bank of India (RBI) on Friday unveiled a set of liquidity-boosting measures aimed at infusing more than $23 billion (around ₹2 lakh crore) into the banking system, after review...
RBI has issued draft rules to tighten dividend payouts by banks by linking distributions to capital adequacy, asset and profit quality, setting a uniform prudential framework effective from FY27. In t...
Comments