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Cash withdrawal from ATMs may get costlier
If the interchange fee is increased, withdrawing cash from ATMs could become expensive
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Cash-out penalties may lead to closure of ATMs: CATMI
At present, about 42% of rural ATMs are loaded once a week, while 20% are loaded twice every week. The rest are loaded with cash on alternate days
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CATMi protests RBI's new penalty rule on ATMs with no cash
The ATM body had sent a communication to the banking regulator and had requested to review the penalty decision
