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Informative
RBI approves hike of Rs 2 for financial transactions
Update / Judgement Date
23 Mar 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Financial ManagementOther Legal MattersRBI
RBI has hiked ATM interchange fees, which may lead to costlier transactions. This move aims to adjust the fee structure for ATM services. The hike reflects the RBI's efforts to balance costs and services. This initiative highlights the regulatory role of the RBI. The hike will impact consumer transaction costs.
