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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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M. K. Stalin M. K. Stalin 12th and current Chief Minister of Tamil Nadu

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Tamil Nadu Tamil Nadu State in southern India

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Mahatma Gandhi National Rural Employment Guarantee Act, 2005 Mahatma Gandhi National Rural Employment Guarantee Act, 2005 Indian worker law

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