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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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