State Bank of India (SBI), the largest lender in the country, stands as the sole public sector bank generating income from ATM cash withdrawals. In the 2023-24 financial year, SBI earned Rs 331 crore ...

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The Reserve Bank of India (RBI) has decided to raise the ATM transaction fee from Rs 21 to Rs 23 with effect from May 1, 2025. Moreover, the RBI has said the ATM interchange fee — the charge a bank ...

The Reserve Bank on Friday permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by ₹2 to ₹23 per transaction from May 1. Customers are eligible for five free ...