Multiple choice

From which date have all Banks started sharing their ATM free of cost for transactions?

  1. January 1, 2009

  2. April 1, 2009

  3. July 1, 2009

  4. September 1, 2009

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

RBI mandated that all banks in India share their ATM networks free of cost starting April 1, 2009. This eliminated ATM usage charges for customers using other bank ATMs, promoting financial inclusion and customer convenience.