Current Affairs - Important Days - Discussion

The RBI has announced that the new ATM withdrawal fee of ₹23 per transaction will be effective from May 1, 2025. This fee applies to transactions beyond the free usage limits, which include 5 free transactions at own-bank ATMs per month, 3 at other banks in metro areas, and 5 in non-metro areas. The revision was made to address the increasing costs of ATM maintenance, with the last fee adjustment having occurred in 2021.