ATM operators interchange fee hike

ATM Operators Push for Rs 2 Interchange Fee Hike: Banking Sector Impact

ATM Operators Push for Rs 2 Interchange Fee Hike Amid Viability Concerns In recent developments within the banking sector, ATM operators have been advocating for an increase in the interchange fee to Rs 2 per transaction. This move comes amidst growing concerns over the viability of operating ATMs, which have faced significant financial challenges in…

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"RBI penalty on Paytm Payments Bank"

RBI Imposes ₹5.4 Crore Penalty on Paytm Payments Bank: KYC Violation & Regulatory Oversigh

RBI Imposes ₹5.4 Crore Penalty on Paytm Payments Bank The Reserve Bank of India (RBI) recently imposed a penalty of ₹5.4 crore on Paytm Payments Bank, one of the leading digital payment banks in India. This decision by the RBI has significant implications not only for the banking sector but also for students preparing for…

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