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.
Wait for dust to settle before taking fresh bets, says Maulik Patel
Geopolitical tensions and market swings prompt caution for investors. Maulik Patel of Equirus Securities advises patience, suggesting a wait-and-watch approach. He notes current crises differ