Finally they realized it. No free lunch!!!


In my previous post “Now, withdraw from any ATM, free!” Dated 15th May-2009 I have written that it is not going to be prudent decision to allow withdrawal from any ATM and how it is going to affect the cost of operation of large bank and what implications the decision may have.

Finally whatever written in the previous post “Now, withdraw from any ATM, free!” appeared true and some restrictions are going to be implemented very shortly on the number of other bank’s ATM transaction and the amount of transaction.

Now the number of free transactions in any other bank’s ATM are to be restricted to be 5 / month and the maximum withdrawal allowed will be 10,000 INR per transaction.

I’ still believe that they need to again rethink there decision of offering free breakfast.

1 comment:

  1. it is truly said by someone...
    "nothing comes free in this world"...

    ReplyDelete

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