Atms

Showing of 21 - 40 from 205 results
Atms - Total results - 205
Banks to remain closed for five days from tomorrow; holidays, strikes to affect operations, ATMs may take hit on 26 Dec
Business

Banks to remain closed for five days from tomorrow; holidays, strikes to affect operations, ATMs may take hit on 26 Dec

The UFBU, an umbrella body of the top nine bank unions, has given a strike call on 26 December while the AIBOC has appealed for a strike on Friday

Capital First merges with IDFC Bank to create IDFC First Bank; V Vaidyanathan appointed CEO
Business

Capital First merges with IDFC Bank to create IDFC First Bank; V Vaidyanathan appointed CEO

As part of the merger agreement, shareholders will receive 139 shares of IDFC Bank for each 10 shares held of Warburg Pincus-backed Capital First.

Oil PSUs to allot 65,000 petrol pumps: Why govt should focus on finding alternative to expensive fossil fuel
Business

Oil PSUs to allot 65,000 petrol pumps: Why govt should focus on finding alternative to expensive fossil fuel

AIPDA rightly questions the wisdom of the new pumps when the government’s avowed aim is to close all the petrol pumps by 2025 in the wake of its parallel and cognate decision to usher in alternate eco-friendly fuels completely.

Note ban anniversary: Why India needs another round of demonetisation to weed out black money
Business

Note ban anniversary: Why India needs another round of demonetisation to weed out black money

Prime Minister Narendra Modi can take heart from the fact that the biggest reveler in cash, the real estate industry has been humbled

SBI halves daily ATM withdrawal to Rs 20,000: The bank has done the right thing; the move will discourage use of cash
Business

SBI halves daily ATM withdrawal to Rs 20,000: The bank has done the right thing; the move will discourage use of cash

Banks in India must dismantle ATMs and simultaneously install more and more swiping machines for their trade customers. It will be a win-win for both.

UPI 2.0 pushes forward digitisation agenda of the country, brings banking ecosystem on single platform
Business

UPI 2.0 pushes forward digitisation agenda of the country, brings banking ecosystem on single platform

With the launch of UPI, India became one of the only 18 countries worldwide to have a real-time P2P payment system (across different banks) way ahead of the USA and some of the other developed countries

Airtel to enable customers to withdraw cash from ATM's without debit,credit cards
News & Analysis

Airtel to enable customers to withdraw cash from ATM's without debit,credit cards

Airtel Payments Bank has tied up with a cloud-based payment solution provider, Empays, for the service.

Banks to remain open in September first week contrary to social media buzz that claimed it will be closed for six days
Business

Banks to remain open in September first week contrary to social media buzz that claimed it will be closed for six days

Banks will largely remain open in the first week of September and there will be no impact on the functioning of ATMs, contrary to social media buzz that claimed banks across India will be closed for six days during the week.

New rule for ATMs: No currency refilling after 9 pm in cities, 6 pm in rural areas from February 2019
Business

New rule for ATMs: No currency refilling after 9 pm in cities, 6 pm in rural areas from February 2019

The deadline for putting money in the ATMs located in Naxal-hit areas is 4 PM while private cash handling agencies must collect money from the banks in the first half of the day and transport notes only in armoured vehicles.

Kotak Mahindra Bank to open over 100 branches in FY19; to take network to 1,500 from existing 1,391
Business

Kotak Mahindra Bank to open over 100 branches in FY19; to take network to 1,500 from existing 1,391

Kotak will continue to expand its branch network across India using a dual strategy- a hub and spoke model in locations where the bank is already present

ATM overhaul: Following RBI diktat, banks must do their bit now to protect customers' data and check fraud
Business

ATM overhaul: Following RBI diktat, banks must do their bit now to protect customers' data and check fraud

The RBI, in June, 2018, directed banks and white-label ATM operators (WLAOs) to implement anti-skimming and white listing solutions by March 2019.

Rs 100 cr needed to recalibrate 2.4 lakh ATMs for new Rs 100 notes, says industry lobby Catmi
Business

Rs 100 cr needed to recalibrate 2.4 lakh ATMs for new Rs 100 notes, says industry lobby Catmi

The introduction of new Rs 100 notes, which comes even as ATM industry is just about finishing the recalibration to dispense the newly introduced Rs 200 denomination notes, may only aggravate the pain

HDFC Bank MD Aditya Puri's salary declines in 2017-18, takes home Rs 9.65 crore
Business

HDFC Bank MD Aditya Puri's salary declines in 2017-18, takes home Rs 9.65 crore

Aditya Puri exercised stock options worth over Rs 31.41 crore in 2017-18 against Rs 57.42 crore worth of stock options in 2016-17,

Banks are far and poor internet keeps banking further away from the people of Bastar
Business

Banks are far and poor internet keeps banking further away from the people of Bastar

Local businesses in Chhattisgarh’s Bastar division, affected by left-wing extremism, find it difficult to do transactions via banks or internet banking.

Reserve Bank of India orders banks to upgrade ATMs by June 2019, says slow progress being viewed seriously
Business

Reserve Bank of India orders banks to upgrade ATMs by June 2019, says slow progress being viewed seriously

Taking a serious note of slow progress by banks in addressing security issues, RBI gave them strict timelines to upgrade their ATMs or else face action

Two-day bank strike may hit transactions worth Rs 20,000 crore, says Assocham; urges bank unions to call off strike
Business

Two-day bank strike may hit transactions worth Rs 20,000 crore, says Assocham; urges bank unions to call off strike

Assocham also urged the government to come up with a stimulus plan for restoring the health of public sector banks.

State-owned banks on two-day nationwide strike from 30 May, confirms union; ATMs, salary could be hit, but no reason for panic
Business

State-owned banks on two-day nationwide strike from 30 May, confirms union; ATMs, salary could be hit, but no reason for panic

Apex bank union AIBEA boss C H Venkatachalam warns of likely cash crunch on Wednesday, Thursday #BankStrike #ATMs #CashCrunch #2DayBankStrike

Currency supply normal across India; all ATMs functioning well, says Economic Affairs Secretary Subhash Garg
Business

Currency supply normal across India; all ATMs functioning well, says Economic Affairs Secretary Subhash Garg

Government says ATMs across India are well stocked and there's no cash crunch. But there's no word on a reduction of excise duties on petrol and diesel.

State-run banks shuttered over 2000 ATMs over 10 months to slash costs, shows Reserve Bank data
Business

State-run banks shuttered over 2000 ATMs over 10 months to slash costs, shows Reserve Bank data

As part of cost-cutting measures, banks are closing ATMs, resulting in the decrease of over 2000 ATMs across the country between May 2017 and February 2018

Rural Meghalaya’s long road to an ATM
Business

Rural Meghalaya’s long road to an ATM

The government must improve power supply, telecoms connectivity to make its digital dreams a reality. Easier ways to deposit and withdraw cash would be welcome.