BCRC asks compensation review for Bank Mitras as costs rise.

• BCRC, representing Bank Mitras, seeks a review of remuneration through bank commissions set in 2014.

• The review includes revisions to ATM interoperability charges and commission structure for AePS (Aadhaar Enabled Payment System).

• BCRC suggests a remuneration review committee including the Department of Financial Services, financial institutions, NPCI, and industry bodies.

• The BCRC requests subsidy for supporting infrastructure costs through RBI’s Payments Infrastructure Development Fund (PIDF).

• The BCRC seeks clear accountability norms to delineate roles of banks and Bank Mitras in fraud cases.