Increase in ATM Charges and RBI Actions and Inactions
From the first of May, the Reserve Bank of India (RBI) has permitted the banks, an increase in the charges for ATM transactions above a free limit. The free limit is 5 transactions in...
Random reflections- Is Reducing Deposit Interest Rate Right?
The government of India has reduced deposit interest rates drastically in addition to the banks which have been reducing the rates in tune with reduction of repo rates by the RBI. (Repo rate is...