https://www.taxtmi.com/news?id=13310 Reserve Bank revises ATM usage and pricing: mandated free withdrawals at other bank ATMs in specified metropolitan centres are reduced for ordinary savings accounts while exempting no frills/Basic Savings Bank Deposit Account holders and transactions outside those metros; banks may offer better terms. Banks must provide a floor of free transactions at their own ATMs, may levy clearly disclosed charges beyond that floor (subject to an upper cap), and must notify customers of ATM metro/non metro status, potential charges and the number of free transactions already availed. en-us Thu, 14 Aug 2014 18:46:30 +0530 Thu, 14 Aug 2014 18:46:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13310 Reserve Bank revises ATM usage and pricing: mandated free withdrawals at other bank ATMs in specified metropolitan centres are reduced for ordinary savings accounts while exempting no frills/Basic Savings Bank Deposit Account holders and transactions outside those metros; banks may offer better terms. Banks must provide a floor of free transactions at their own ATMs, may levy clearly disclosed charges beyond that floor (subject to an upper cap), and must notify customers of ATM metro/non metro status, potential charges and the number of free transactions already availed. News - Thu, 14 Aug 2014 18:46:30 +0530 https://www.taxtmi.com/news?id=13310