What is the interchange fee per transaction for financial transactions that banks can charge w e f A...........

Explanation:

• The Reserve Bank of India has reviewed the charges and fees for ATM transactions based on the recommendation of Committee under the Chairmanship of the Chief Executive, Indian Banks’ Association.
• It must be noted that the last change in interchange fee structure for ATM transactions was done in August 2012, while the charges payable by customers were last revised in August 2014. The new ATM charges as defined by RBI are as under:
  
  interchange fee per transaction for financial transactions= Rs 15 (old) to Rs 17 (new) (This shall be effective from August 1, 2021.)
  interchange fee per transaction for non-financial transactions= Rs 5 (old) to Rs 6 (new) (This shall be effective from August 1, 2021.)