ATM usage fees: GK, General Studies and Current Affairs

V G Kannan head of RBI committee to review ATM charges

June 13, 2019

The Reserve Bank of India (RBI) has constituted a high-level committee under IBA Chief Executive V G Kannan to examine ATM charges and fees by banks amid demands for reviewing the levies. The use of ..

SBI allows depositors to withdraw cash from its Point of Sale (PoS) devices

April 20, 2018

In a bid to ease the cash crunch, the State Bank of India (SBI) has decided to allow depositors to withdraw cash from its Point of Sale (PoS) devices available with merchants. This “[email protected]” facility ..