TV
ATM service charges increase, to cost ₹21 per transaction from today
Following the order of the Reserve Bank of India (RBI), all banks’ automated teller machines (ATMs) will increase the service fee for each transaction from Saturday, and customers will have to pay 1 rupee in addition to the allowed cash and free cash transactions. Use of cash.
According to the RBI notice on June 10, 2021, from January 1, 2022, banks are allowed to charge 21 rupees instead of 20 rupees. If there are applicable taxes, additional payments should be made.
However, customers are eligible for five free transactions (including financial and non-financial transactions) at their bank ATMs each month.
They are also eligible for free transactions (including financial and non-financial transactions) from ATMs of other banks, ie. Three deals for metro centers and five deals for non-metro centers.
The last change in the exchange fee structure of ATM transactions was in August 2012, and the most recent revision of the fees payable by customers was in August 2014.
RBI has notified the changes from January 1, 2022, due to the increase in the cost of ATM deployment and the ATM maintenance fees incurred by banks or white-label ATM operators. Ashwani Rana, founder of Bank Voice, said: “The increase in services will charge customers more than the number of transactions allowed by their respective banks for each ATM transaction. This increase is only 1 rupees plus Goods and Services Tax (GST), for customers In terms of maintenance fees paid by the bank, it is very symbolic. Earlier they charged 20 rupees.”
Nipun Jain, CEO of Rupee Pay Fintech, clarified: “Consumers who use our micro ATM and Aadhaar-enabled payment system (AEPS) to withdraw cash will not be affected by the recent RBI guidelines for increasing ATM transaction fees (applicable to customers who use up Monthly free limit).”
“We believe that this will drive the growing demand for cash withdrawals through AEPS and micro ATMs at our direct business outlets, and help us to achieve in deeper regions and remote areas such as Northeast, Kashmir, Ladakh, and Uttrakhand. Since last year Since we started operations, we have sold more than 100,000 micro ATMs. Our average number of withdrawal tickets climbed from 3500 rupees to 3800 rupees, and the compound annual growth rate of micro ATMs in the past year was 25%,” Jane added.
Complete News Source : Hindustan Times
health and remedies
Train smarter, not harder: How taking occasional breaks from gym can revolutionise your fitness routine
Taking regular breaks from intense training, like deload weeks, helps your body recover, preventing fatigue and injury, and ultimately boosts fitness gains.
When it comes to getting fit, the idea of spending hours at the gym might come to mind, but many fitness experts argue that taking a “deload week” every six to eight weeks is actually key to improving your fitness gains. A deload week involves reducing the intensity of workouts to allow the body to recover from the fatigue and muscle damage caused by intense training.
While high-intensity training helps build strength and fitness, it can also lead to muscle strain, and without adequate recovery, these gains can’t fully materialise. Deload weeks give the body much-needed rest to repair and rebuild, ensuring continued progress. (Also read: Bhagyashree swears by this super easy exercise for instant leg pain relief and better mobility. Watch how to do it )
Why recovery is key for muscle growth
According to an article by The Conversation, intense exercise can cause tiny tears in muscle fibres, leading to inflammation that requires rest or low-intensity exercise to heal. This inflammation is essential for muscle growth and fitness improvements. However, without proper recovery, muscles remain in a state of slight damage, preventing inflammation from resolving. This chronic state of inflammation can hinder muscle function, reducing oxygen efficiency and impairing performance. Giving muscles time to recover through rest ensures they repair properly and are primed for continued progress, setting us up for greater success in our fitness journey.
Many gymgoers fear taking time off and are worried it will lead to a loss of gains. However, research shows that muscle genes have a “memory imprint,” which keeps them in a semi-prepared state. This allows muscles to respond more quickly and effectively to future training, promoting growth after a rest period. Even after extended periods of reduced intensity, up to seven weeks, muscular fitness can be restored to prime condition—and in some cases, surpass previous levels. Interestingly, recovery can occur twice as fast as it took to reach peak fitness initially, even if some strength is lost.
Taking time off from intense training is crucial to prevent muscle soreness and avoid overtraining syndrome. Overtraining occurs when the body doesn’t get enough rest, leading to prolonged fatigue, decreased performance, and mood disturbances. Symptoms develop gradually, making overtraining difficult to recognize until it’s severe. Rest is essential to avoid these issues and ensure long-term progress in training.
Role of overtraining syndrome and deload weeks
Overtraining syndrome is challenging to quantify due to its vague symptoms. Studies suggest it may affect as few as 10% of elite athletes, though rates could climb to 60% among highly competitive individuals. Recovery is essential for both fitness and overall health. When engaging in heavy gym routines, it’s vital to incorporate sufficient recovery time into your workout plan. Unlike rest days, which involve little to no exercise once or twice a week, deload weeks feature lighter training at reduced intensity—typically about 50% fewer workouts or a 20% drop in workout intensity.
Both rest days and deload weeks are essential for recovery and crucial to improving fitness. It’s not about choosing one over the other—they complement each other. For instance, intense training for marathons, Ironman, or CrossFit competitions requires weekly rest days alongside scheduled deload weeks. However, for recreational gym-goers exercising 1–3 times weekly at a moderate intensity, the recovery from this routine is often sufficient without the need for additional deload weeks.
Fitness influencers recommend incorporating deload weeks into training schedules every 4–8 weeks, aligning closely with the expert advice of 4–6 weeks. However, it’s crucial to listen to your body and schedule deload weeks as needed. If your performance plateaus or worsens, it may signal time for a deload. Training plans should be flexible enough to allow rest when required. Deload weeks not only enhance performance but also support overall health.
Disclaimer: This article is for informational purposes only and not a substitute for professional medical advice. Always seek the advice of your doctor with any questions about a medical condition.
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