Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
'Free ATM transactions' should not include failed ones: RBI to banks
short by Krishna Veera Vanamali / on Thursday, 15 August, 2019
The RBI on Wednesday directed banks not to count failed transactions at ATMs due to technical reasons and non-availability of cash as part of free ATM transactions permitted every month. Further, non-cash withdrawal transactions, such as balance enquiry and cheque book request, done at own bank ATMs shall also not be part of the number of free ATM transactions.
read more at Livemint