Type of Intervention: Business support
Sectors Involved: Financial markets and monetary policy
Level of Jurisdiction: National
Overview: The Government of India reduced or removed various bank fees.
Debit cardholders can withdraw cash for free from any other banks” ATM for three months.
The minimum balance fee will be waived.
Bank charges for digital trade transactions for all trade finance consumers will be reduced.
Full details here: https://pib.gov.in/PressReleseDetail.aspx?PRID=1607942