ATM interchange fee increase, page-7

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    I don't believe so.

    NS has been on record as saying a 2Rp increase in the interchange fees, would add approx. $10M straight to the bottom line. And he said that when TSI had roughly 8,000 BLA's. He has roughly doubled that figure since he quoted the $10M, with TATA acquisition and additions under the SBI, CBI and now the Union Bank of India contracts.
 
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