According to industry experts, maintaining ATMs for banks has become an expensive task in urban cities as most ATMs remain idle with people using less cash amid rise in UPI transactions
The free limit under the new ATM rules has been set at three for metropolitan regions and five for non-metropolitan areas
ATM deployments had hovered between 225,000 and 235,500 units, before sniffing the 260,000-mark recently
Besides, the country's second largest lender collected Rs 239.09 crore in the form of penalty imposed on customers who failed to maintain minimum balance or quarterly/monthly average balance
Yes Bank gives own customers free ATM transactions to its customers for any number of transactions