Tag: Rbi Guidelines

Mumbai: 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 […]

New Delhi: The Reserve Bank of India (RBI) has issued various instructions to banks in respect of security and risk mitigation measures related to card transactions. According to MoS Finance Anurag Thakur, the RBI has directed banks- (1) to provide online alerts for all card transactions (2) Introduce additional security measures, inter-alia, which include: All […]