'Institutionalised extraction': MK Stalin on hike in ATM cash withdrawal charges

Credit: IndiaTimes- Published 3 days ago
Tamil Nadu Chief Minister MK Stalin criticizes RBI's decision to allow banks to increase ATM withdrawal charges beyond the free monthly limits, calling it 'institutionalised extraction' affecting financial inclusion. He claims the move will burden the poor, particularly MGNREGA beneficiaries, undermining their access to banking...

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M. K. Stalin

M. K. Stalin

12th and current Chief Minister of Tamil Nadu
Credit: IndiaTimes - Published 2 days ago

MK Stalin was reacting to CM Yogi's reported allegations that the DMK government was indulging in divisive tactics by using language issues. BJP state president..
Credit: DNA - Published 6 days ago

Tamil Nadu chief minister MK Stalin has urged the central government to withdraw the proposed Waqf amendment bill, stating it would negatively impact minority..
Credit: IndiaTimes - Published 6 days ago


Tamil Nadu

State in southern India
Credit: IndiaTimes - Published 1 day ago

Yuva Sena's Rahool Kanal states that comedian Kunal Kamra will be welcomed in 'Shiv Sena Style' if he visits Mumbai, despite receiving protection in Tamil Nadu...
Credit: IndiaTimes - Published 2 days ago

Prime Minister Narendra Modi highlighted the unity in India's diversity by noting the greetings he received in various languages for New Year and upcoming..
Credit: IndiaTimes - Published 2 days ago


ATM

Electronic telecommunications device to perform financial transactions
Congress criticizes the Modi government for allowing banks to increase ATM withdrawal charges, along with a series of other levies on account holders. They argue..
Credit: IndiaTimes - Published 3 days ago

RBI allows banks to increase ATM withdrawal charges from Rs 21 to Rs 23 per transaction beyond free limits starting May 1, 2025.
Credit: DNA - Published 5 days ago


Reserve Bank of India

Central Bank of India
The fee hike is part of a price revision authorised by the RBI after a recommendation from the National Payments Corporation of India (NPCI). The RBI had..
Credit: DNA - Published 1 week ago


Trinamool Congress MP Kalyan Banerjee accused Union minister Shivraj Singh Chouhan of favoring the wealthy and denying West Bengal's central funds for schemes..
Credit: IndiaTimes - Published 1 week ago

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