Failed ATM Transactions Should Not Be Counted As ‘Free ATM Transactions’, Says RBI
Customers use a Union Bank of India automated teller machine (ATM), left, as security guards talk in front of a Bank of Baroda ATM. (Photographer: Adeel Halim/Bloomberg)

Failed ATM Transactions Should Not Be Counted As ‘Free ATM Transactions’, Says RBI

The Reserve Bank of India on Wednesday clarified that transactions that fail due to technical reasons should not be counted as valid ATM transactions.Technical reasons include hardware, software or...
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