banking customers

Cap on withdrawals through ATM is policy decision: RBI tells HC

The Reserve Bank of India (RBI) on Wednesday told the Delhi High Court that putting a cap on the number of withdrawals by banking customers using their ATM cards without being charged, is a policy decision taken in public interest.

Apr 15, 2015, 20:57 PM IST

HC questions RBI on cap on withdrawals through ATM

The Delhi High Court on Wednesday questioned Reserve Bank of India's decision to put a cap on withdrawals by banking customers using their ATM cards, saying account holders were being "unneccesarily taxed".

Dec 24, 2014, 21:11 PM IST