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'Institutionalised extraction': MK Stalin on hike in ATM cash withdrawal charges

IndiaTimes Sunday, 30 March 2025
Tamil Nadu Chief Minister MK Stalin criticizes RBI's decision to allow banks to increase ATM withdrawal charges beyond the free monthly limits, calling it 'institutionalised extraction' affecting financial inclusion. He claims the move will burden the poor, particularly MGNREGA beneficiaries, undermining their access to banking services and essential government schemes.
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Tamil Nadu Tamil Nadu State in southern India

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Cash shortage forces Gazans to pay high price for their own money With banks shut and ATMs out of service, Gazans are turning to money repair services or cash brokers who now charge up to 40% commission, deepening a growing economic crisis. READ MORE : http://www.euronews.com/2025/07/11/cash-shortage-forces-gazans-to-pay-high-price-for-their-own-money Let the pictures do the talking: subscribe to No Comment No Comment is brought to you by euronews, the most watched news channel in Europe.

Credit: euronews (in English)    Duration: 01:00Published

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