https://www.taxtmi.com/news?id=39176 The RBI has authorised banks to charge fees for ATM withdrawals beyond a monthly limit, allowing banks to impose charges for excess cash withdrawals. This regulatory change is criticised for increasing transactional costs and for its likely disproportionate impact on low-income and cash-dependent welfare beneficiaries, undermining objectives of financial inclusion and imposing greater burdens on economically vulnerable account-holders. en-us Sun, 30 Mar 2025 12:01:03 +0530 Sun, 30 Mar 2025 12:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39176 The RBI has authorised banks to charge fees for ATM withdrawals beyond a monthly limit, allowing banks to impose charges for excess cash withdrawals. This regulatory change is criticised for increasing transactional costs and for its likely disproportionate impact on low-income and cash-dependent welfare beneficiaries, undermining objectives of financial inclusion and imposing greater burdens on economically vulnerable account-holders. News - Sun, 30 Mar 2025 12:01:03 +0530 https://www.taxtmi.com/news?id=39176