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Friday, March 29, 2024
TopicATMs

Topic: ATMs

RBI to penalise banks if ATMs run out of cash from 1 October

The scheme has been formulated over concerns of inconvenience caused to the public and to ensure that sufficient cash is available through ATMs, RBI said in a circular.

After water ATMs, Karnataka now plans 24×7 rice ATMs for ration card holders to end queues

Rice ATMs will dispense fixed amount of grains, with the govt planning to allow access to these machines through smart card or a biometric system instead of coins.

Banks are shutting down ATMs even as people use them more

The number of ATMs in the country shrank in the past two years despite an increase in transactions, Reserve Bank of India figures show.

Smartphones are the new credit cards as digital payments give cash a run for its money

More Indians are using their smartphones to make payments than swiping their debit and credit cards at stores.

RBI wants more Rs 200 notes in ATMs but banks want more Rs 200 notes in circulation first

Rs 200 notes are just 2.1% of total currency; banks say makes no sense to change ATMs until they rise to 15%.

RBI quietly buries Rs 1,000 notes even as ATMs struggle to dispense Rs 200 notes

Months after demonetisation, cash injection efforts still sluggish, experts warn it could affect economy. New Delhi: More than 18 months after demonetisation, efforts by the...

50 days became 500 but India is still suffering from demonetisation

When even the Gujarat CM blames the Centre, you know how bad things are. This is not the people’s impatience, this is the government’s incompetence.

‘Risky’ cash crunch pushes the government to defend scam-hit banks

Reasons for the squeeze range from farm spending to looming elections, but its roots lie in Modi’s 2016 decision to overnight void 86 percent of currency in circulation?

Plugged-In: Show us the money, FM; and another day, another child raped

https://youtu.be/NYhHXp1EIqk Front Page Ghost of demonetisation returns: Finance minister Arun Jaitley spent all of Tuesday answering why ATMs were still cash-strapped in at least six states,...

On Camera

Oka to Nagarathna—Bombay High Court judges taking up the cudgel when faith in courts eroding

When lynching, hate speech and bulldozer politics do not speedily invite the wrath of courts, then something is wrong with the third pillar of governance.

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.