13 public sector banks have indented a total of 7,883 clerical staff while some banks have not asked for any, says AIBEA
The ATM was a radical move when Barclays installed cash machines in a London suburb in 1967.
The ATM companies said that they were expecting to receive official communication on recalibration of ATMs soon.
Thousands of ATMs and electronic card payment machines in Indonesia went offline over the weekend, and it might take weeks before full service is restored.
Bank operations in Tamil Nadu were affected on Tuesday with around 55,000 bankers striking work pressing for their demands,
Technology has helped in reducing cost and margin pressures on banks. #DigitalPayments #MobileWallets
The ATM marked its 50th anniversary on Tuesday, with a British bank decorating the site of the world's first cashpoint in gold to mark the occasion.
The world's most northerly machine is at Longyearbyen, Svalbard, Norway and the most southerly located at the McMurdo station at the South Pole.
In view of rising complaints of fraudulent transactions in digital banking, the RBI on Tuesday said it will soon issue guidelines to limit the customer liability.
Bank officials have advised customers to avoid online transactions till further notice due to uncertainty over the impact of ransomware on internet banking.
For cash deposit of up to Rs 1,000 into its mobile wallet through business correspondents, the bank will levy a service charge of 0.25 per cent (minimum Rs 2 and maximum Rs 8) plus service tax.
IIT Kanpur provides Rs 50 lakh seed funding to startup working to provide clean and cheap drinking water
To promote a startup firm involved in providing clean and cheap drinking water, Indian Institute of Technology, Kanpur has sanctioned seed funding of Rs 50 lakh to Lucknow-based Decentrik Technologies.
On 30 January, the RBI had ended all curbs on withdrawals from Current Accounts, Cash Credit Accounts and Overdraft Accounts.
When a bank sinks, the concern is that deposit holders are affected and not the shareholders. The bank is never put in the dock when bad lending decisions are taken and NPAs increase
Police is trying to get details of the cash management company that was responsible for filling up bank notes in the ATM in question.
Dry run is the key to success of any major initiative especially the one that is going to bring about a paradigm and drastic change.
ATM intercharge charges have also been re-introduced.
Elated at the GDP numbers, Economic Affairs Secretary Shaktikanta Das said that the 7 percent growth in the third quarter has negated the negative speculations about the impact of demonetisation on growth
It is a prank which would not go well with the crores of people who are still struggling to withdraw their hard-earned money from the ATMs. A State Bank of India ATM in South Delhi's Sangam Vihar dispensed fake Rs 2,000 notes. The note, as reported by Hindustan Times, look normal at first glance but at careful observation, there are about ten major bloopers in them.
With one-fourth of the ATMs running dry now, it remains to be seen whether the revoking of the limit will be any help to the customers