Tagged: RBI

ATM New Rule

ATM New Rule: Withdrawing money from ATM will be expensive from May 1, RBI has increased the fee,

ATM New Rule: Withdrawing money from ATM will be expensive from May 1, RBI has increased the fee,If you often withdraw money from ATM, then this news is important for you. ATM transactions will become expensive from May 1, 2025. The Reserve Bank of India (RBI) has increased the charges levied on ATM usage. Now after exceeding the limit of free transactions, you will have to pay more charges every time you withdraw money or check balance.

Repo Rates

Repo Rates: Good news for borrowers, RBI cuts repo rate by 6%; EMIs cheaper

RBI has cut the repo rate for the second time in a row. In February, it was cut by 25 basis points and today also the same amount has been cut. In this way, it has been reduced by 50 basis points i.e. 0.5% in two times. It is believed that there is scope for further reduction in it as there has been a decline in inflation.