Free cash withdrawals at all ATMs in India
April 1, 2009
India Server:The Reserve Bank of India has directed all banks operating in India to stop charging any fee for cash withdrawals at ATM beginning April 1. Banks can still charge extra for services like cash withdrawal with the use of credit cards and at ATMs located outside India. On March 10, last year, RBI issued guidelines limiting the fees charged by banks for using their ATMs by customers of other banks.