Tamil Nadu Chief Minister M K Stalin has raised concerns over the Reserve Bank of India’s (RBI) recent move allowing banks to levy charges of up to Rs 23 on ATM withdrawals beyond monthly limits. Stalin has criticized the decision, stating that it will disproportionately affect economically vulnerable groups such as MNREGA workers and beneficiaries of the state’s Kudimaramathu (KMUT) scheme. He has described the policy as ‘institutionalised extraction’ that could further burden those already struggling financially. The Chief Minister’s remarks come in the wake of growing discontent among citizens over the additional charges imposed by banks for various services. The RBI’s decision has sparked a debate on financial inclusivity and the impact of such fees on low-income individuals. As the controversy continues to unfold, stakeholders are closely monitoring the situation to assess its repercussions on the banking sector and consumers.