Friday, January 31, 2014

"Charging own customers for ATM is ridiculous"

Mumbai, Jan 30 (PTI) Amidst rising demand from banks that they be allowed to increase user fees and limit free access to automated teller machines (ATMs), senior-most Reserve Bank Deputy Governor K C Chakrabarty today said it is "ridiculous" for a bank to charge its own customers for these services.


"You are saying charging for using your ATMs. Tomorrow you will start charging for going to the bank," Chakrabarty said here while replying to a query on the matter.

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