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Your (automated teller machine) ATM withdrawal charges may have been waived for the next three months due to the COVID-19 crisis, but things could change significantly once things return to normalcy. And you may have to shell out Rs 18 every time you pull out cash from the ATM. A year, and more after the outcry over the low interchange at Rs 15, a confidential Mint Road review is said to have plumped for a hike of Rs 3 per swipe. It will not go far.
“Even if it (interchange) were to move up to Rs 18, it will only be a restoration to the level we were at a decade ago. Much has changed since,” says Ravi B Goyal,
