Mumbai, April 18: Bank customers may be hit as ATM operators have demanded higher 'interchange rates' for ATM transactions to enable them to comply with recent stringent RBI guidelines, an industry body said here on Wednesday.
Presently, all banks charge a fee of Rs 15 for each cash and Rs 5 for all non-cash transactions from each other for use of their ATMs by other banks' customers -- which is recovered from the (user) customers -- beyond the five minimum free transactions.
Now, the Confederation of ATM Industry (CATMi) has demanded that this should go up by at least Rs 3-5 per transaction to enable ATM operators recover their costs which have skyrocketed in recent times.
CATMi Director K. Srinivas said recently the RBI issued guidelines that will result in overall cost hike for the ATM service providers, vide circulars on April 6 and April 12, 2018.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Bengaluru: Ayush Mhatre's 94 and Ravindra Jadeja's 77 not out went in vain as Royal Challengers Bengaluru pipped Chennai Super Kings by two runs in their IPL match here on Saturday.
Chasing 214, CSK scored 211 for 5 in their 20 overs.
Mhatre scored a 48-ball 94 with five sixes and nine fours while adding 114 runs with Jadeja (77 not out off 45 balls, 8x4s, 2x6s) for the second wicket.
For RCB, Lungi Ngidi returned with figures of 3/30.
Earlier, half-centuries from Jacob Bethell (55), Virat Kohli (62) and Romario Shepherd (53 not out) took RCB to 213 for five.
While Bethell and Kohli put on 97 runs for the opening wicket to set a platform, Shepherd blasted four fours and six sixes to make 53 not out off only 14 balls, recording the fastest fifty of the season and joint second-fastest overall.
For CSK, Matheesha Pathirana found his rhythm and lengths to return 3-0-36-3.
Brief scores:
RCB: 213 for 5 in 20 overs (Jacob Bethell 55, Virat Kohli 62, Romario Shepherd 53 not out; Matheesha Pathirana 3/36).
CSK: 211 for 5 in 20 overs (Ayush Mhatre 94, Ravindra Jadeja 77 not out; Lungi Ngidi 3/30).