Fee Current Affairs, GK & News

V G Kannan head of RBI committee to review ATM charges

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 Automated Teller Machines (ATMs) has been growing significantly and there have been persistent demands to change ATM charges and fees. ..


Tower companies get respite from paying license fee

Department of Telecommunications (DoT) has provided some relief to tower firms by keeping suspended the proposal to bring telecom infrastructure providers under the uniform annual license fee rule. It implies that companies such as GTL Infrastructure, Indus Towers and American Tower Corp (ATC) will not have to pay any license fee on their income (generating ..