Automated Teller-machines

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Automated Teller-machines - Total results - 10
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.

Empty ATMs: No clear reason given for cash crunch but Centre says RBI will ensure adequate supply of currency notes
Business

Empty ATMs: No clear reason given for cash crunch but Centre says RBI will ensure adequate supply of currency notes

While it is difficult to trace any specific reason for such massive cash withdrawals this year, analysts say that concerns over the health of banking system has also triggered savers to withdraw cash.

ATMs go dry nationwide: Why the biggest cash hoarders - political parties and RBI - owe answers for crunch
Business

ATMs go dry nationwide: Why the biggest cash hoarders - political parties and RBI - owe answers for crunch

Currency hoarding by political parties for elections, and the RBI’s failure to bridge the gap between the two high denomination notes probably triggered the cash crunch.

Cash use clawing-back to normal, unfazed by digital drive: NCR Corporation managing director
Business

Cash use clawing-back to normal, unfazed by digital drive: NCR Corporation managing director

US-headquartered NCR Corporation, which controls nearly half of the ATM market in the country, on Thursday said cash is coming back into the system and it does not feel threatened by the digitisation drive

Soon, you will get new Rs 200 notes in ATMs as RBI asks banks to recalibrate cash machines
Business

Soon, you will get new Rs 200 notes in ATMs as RBI asks banks to recalibrate cash machines

The sole purpose of supplying Rs 200 notes through ATMs is to ensure more number of lower denomination currency in citizens' hands

Demonetisation drive, ATM chaos: Finance Ministry increases cash withdrawal and exchange limits
Politics

Demonetisation drive, ATM chaos: Finance Ministry increases cash withdrawal and exchange limits

The Finance Ministry after receiving reports from states, banks and other sources, reviewed the position regarding availability and distribution of all denomination of bank notes on Sunday after a review meet in New Delhi.

ATM chaos, demonetisation woes: Narendra Modi must stop his emotional atyachar
India

ATM chaos, demonetisation woes: Narendra Modi must stop his emotional atyachar

Banks have no money. ATMs have no currency notes. Their cassettes can't accommodate the new currency. Their staff can't service the eager mob.

ATM Chaos: When Narendra Modi's crackdown on black money made me feel like a criminal
India

ATM Chaos: When Narendra Modi's crackdown on black money made me feel like a criminal

Indian banks are supposed to have already received 2 trillion rupees of cash post the government’s 8 November “surgical strike” on high-denomination banknotes to turn the economy squeaky clean.

Demonetisation, ATM chaos: Complacency or lack of understanding by govt and RBI?
India

Demonetisation, ATM chaos: Complacency or lack of understanding by govt and RBI?

The role of the ATMs must come under scanner in the logistical nightmare that demonetisation has ushered in.

ATM Frauds Getting More Sophisticated: Experts
Biztech

ATM Frauds Getting More Sophisticated: Experts

India is now witnessing wide scale effects of the ATM fraud phenomenon, which was till date prevalent in foreign countries.