International Journal of Commerce and Management Research

International Journal of Commerce and Management Research






ISSN: 2455-1627


International Journal of Commerce and Management Research
International Journal of Commerce and Management Research
Vol. 2, Issue 6 (2016)

RBI warning of free ATM dealings in metropolis


Dr. Inderjit

Automated teller machine (ATM) is one among the foremost widespread delivery channels because it permits customers to do anyplace, anytime banking. Both, the bank and customers stand to achieve in many ways that. Many of us have a habit of retreating little amounts of cash from the ATM to curb disbursal tendencies, however usually find you with a high frequency of withdrawals. There are some others who are reluctant to use web banking or mobile banking facilities and depend upon ATMs for bank account balance. RBI has issued new rules and tips limiting the quantity of times to use the ATM in a very month. The new ATM dealings rules issued by the banking concern of India are applicable to all ATM transactions together with retreating money, bank account balance or obtaining a mini financial statement. This study is a shot to grasp the changes introduced by run batted in for ATM dealings.
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