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.
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No row over Maharashtra CM's post; leaders of Mahayuti will decide: Fadnavis
Mumbai (PTI): Maharashtra Deputy Chief Minister and BJP leader Devendra Fadnavis on Saturday denied any row over the CM's post and asserted that leaders of Mahayuti will take a call even as counting of votes showed the saffron party-led coalition is heading for a landslide victory.
Addressing reporters, Fadnavis said the results of the Maharashtra assembly polls show that the state supports PM Narendra Modi and also thanked women voters.
"Opposition’s efforts of propagating a fake narrative, and polarisation of voters based on religion foiled by masses," said Fadnavis.
The Deputy CM said he succeeded in breaking the 'chakravyuh' of opposition due to the support of voters, the BJP team and party leaders.
With some leaders in BJP demanding that Fadnavis don the mantle of the next CM, the BJP stalwart said there was no row over the CM's post in Mahayuti- comprising BJP, Shiv Sena, and NCP.
"Leaders of Mahayuti parties will decide (on next CM)," Fadnavis told reporters in Mumbai.
He said the people of Maharashtra have shown that the party headed by Eknath Shinde is the real Shiv Sena of Balasaheb Thackeray.
As per the poll trends, the BJP has won 10 constituencies and leading in 120.
