The RBI and NPCI approved a Rs 2 increase in ATM interchange fees for cash withdrawals, effective from May 1, 2025. The new fees will be Rs 19 for financial transactions and Rs 7 for non-financial transactions. These changes will be passed on to customers. The revised fee will not apply to Micro-ATMs, cash deposit transactions, or international withdrawals.
Liquidity abundant, but regulatory curbs holding back NBFC growth ambitions: Shweta Daptardar
Going forward the larger, the bigger picture is while the liquidity has been strong in the system, and we are in a downward interest rate