RBI constitutes six-member panel to review ATM interchange fee structure

The Reserve Bank of India has constituted a six-member committee to review the ATM interchange fee structure. VG Kannan, Chief Executive Officer of the Indian Banks' Association, will lead the review panel.

Dilip Asbe, Chief Executive Officer, National Payments Corporation of India; Giri Kumar Nair, Chief General Manager, State Bank of India; S Sampath Kumar, Group Head, Liability Products, HDFC Bank; K Srinivas, Director, Confederation of ATM Industry; and Sanjeev Patel, Chief Executive Officer, Tata Communications Payment Solutions have been named as the members of the review committee.