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    <title>RBI allows banks to hike ATM charges to Rs 23/withdrawal beyond free monthly usage from May 1</title>
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    <description>Reserve Bank permits banks to raise the ATM withdrawal fee cap for transactions beyond free monthly usage, while preserving free entitlements of five transactions at customers&#039; own bank ATMs and three (metro)/five (non metro) free transactions at other-bank ATMs; the instructions apply mutatis mutandis to cash recycler machine withdrawals, and banks may charge the prescribed maximum once free limits are exhausted.</description>
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