No more charge on using ATM of other Bank

Reserve Bank of India(RBI) announce and directed all banks in India to do not charge any fee on using other bank's ATM. Now days bank are charging 20 Rs. for using ATM. If you are a CitiBank Customer and want to use SBI Bank ATM than you have to pay 20 Rs. as transaction fee to SBI. Now you can use this service free of cost from 1st April 2009.
The move of the Reserve Bank of India (RBI) towards this direction initiated a couple of years ago, is going to benefit several crore bank customers. n a circular issued to bankers on March 10, 2008, the RBI noted: “It is evident that the charges levied on the customers vary from bank to bank and also vary according to the ATM network that is used for the transaction. Consequently, a customer is not aware, before hand, of the charges that will be levied for a particular ATM transaction, while using an ATM of another bank. This generally discourages the customer from using the ATMs of other banks. It is, therefore, essential to ensure greater transparency."