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Articles for Atms, search results for bank

How PF withdrawal from ATMs could benefit you, starting in 2025
1 week, 4 days ago

How PF withdrawal from ATMs could benefit you, starting in 2025

India Today  

All servicemen and women with ensured PF accounts will likely be able to withdraw PF directly from ATMs without undergoing lengthy bank procedures. Dawra noted that more than 7 crore workers joined PF coverage since 2017, strengthening India's social security system. The Employees Provident Fund Organisation plans to link PF accounts to an ATM-compatible system, allowing subscribers to access their …

India Provident Fund Fund System Epfo Pf Withdrawal Dawra
Are Indian banks phasing out ATMs?
1 month, 2 weeks ago

Are Indian banks phasing out ATMs?

Firstpost  

Banks in India have shut down a number of ATMs and cash recyclers despite record cash circulation. Banks shutting ATMs amid high cash circulation The decline in the number of ATMs in India comes at a time when cash in circulation in the country is Rs 34.70 lakh crore, a whopping 100 per cent increase since the demonetisation. As per …

India Rbi Banks Cash Atms
In Assam, banks suffer from ‘militancy hangover’: experts
5 months, 2 weeks ago

In Assam, banks suffer from ‘militancy hangover’: experts

The Hindu  

The agriculture sector in Assam has suffered because banks and financial institutions are yet to get over the “militancy hangover”, a representative of farmers’ associations in the northeast has told the Centre. The anti-outsiders Assam Agitation and two decades of extremism created a negative perception among bankers and financiers about the farmers’ repayment capability, the representative said at a pre-Budget …

Assam Bank Sector Bank Linkage Militancy Hangover
Two women among 3 held for ATM theft in Gurugram
6 months, 2 weeks ago

Two women among 3 held for ATM theft in Gurugram

Hindustan Times  

Two women were among three arrested while trying to flee after allegedly dismantling an automated teller machine of a private bank in Sector-10A in Gurugram, police said on Tuesday. The manager immediately alerted police, which sent a patrolling team to the spot and it apprehended three of the suspects who were about to flee the scene. Investigators said the manager, …

Gurugram Atm
UPI can be now used to deposit cash at ATMs: Here's how it will work
8 months, 2 weeks ago

UPI can be now used to deposit cash at ATMs: Here's how it will work

Hindustan Times  

Your Unified Payments Interface has just been upgraded. In an important announcement today, the Reserve Bank of India said that users can now deposit cash via UPI facility at bank ATMs- a big shot in the arm for users in terms of saving time and effort. RBI says you can soon use UPI facility to deposit cash in bank ATMs. …

Rbi Facility System Deposit Upi Upi Facility Cash Withdrawal
Inter-state gang targeting citizens at ATMs busted, 2 arrested
8 months, 3 weeks ago

Inter-state gang targeting citizens at ATMs busted, 2 arrested

Hindustan Times  

Navi Mumbai: After four cases of people getting cheated under the pretext of being helped to withdraw money from the ATM were registered, the unit 2 Navi Mumbai crime branch started investigating the case and busted the inter-state gang on Saturday and arrested two accused. Navi Mumbai, India - April 2, 2024:Navi Mumbai Crime Branch Unit- 2, arrest 2 members …

Mumbai Car Accused Card Navi Mumbai Navi Atm
Big ATM push by banks, 10,000 new ATMs to be installed, says report
11 months ago

Big ATM push by banks, 10,000 new ATMs to be installed, says report

Live Mint  

Banks are expected to witness a big ATM refresh ­cum­ addition cycle in the next 12-18 months, involving replacement of nearly 40,000 ageing ATMs, and expansion of network by about 10,000, as per industry estimates, reported Business Line. All scheduled banks collectively added 4,452 ATMs in FY23, with their network standing at 2,19,513 as at March­ end 2023, per RBI …

Cent Banks Atm Atms Cash Recyclers
AGS Transact Technologies receives an order for 1,350 ATMs from SBI
1 year, 1 month ago

AGS Transact Technologies receives an order for 1,350 ATMs from SBI

Business Standard  

AGS Transact Technologies Limited, an integrated omni-channel payment solutions provider, announced that it has won an order for 1,350 ATMs from the State Bank of India A press release stated that the company received the order under its banking automation solutions portfolio. Stanley Johnson, executive director of AGS Transact Technologies Limited, said, “I am delighted to share that we have …

Bank Order Sbi
Dutch ATM's out of order 2 to 3 times more often than agreed
1 year, 2 months ago

Dutch ATM's out of order 2 to 3 times more often than agreed

NL Times  

ATMs in the Netherlands were out of order last month far more often than the banks had promised. The banks committed to having no more than 2.5 percent of machines out of order to keep cash available, NOS reports based on data collected with the regional broadcasters. The Netherlands saw many ATMs disappear from the streets in recent years as …

Atms Geldmaat Corstens
Centre plans for ATM penetration across India: What are White Label ATMs and Brown Label ATMs?
1 year, 4 months ago

Centre plans for ATM penetration across India: What are White Label ATMs and Brown Label ATMs?

India TV News  

In a major initaitive to boost Automated Teller Machine penetration in tier III to VI centres in India, the Reserve Bank of India has permitted non-bank companies to set up, own and operate White Label ATMs in the country. The RBI has also encouraged more non-bank players to enter the ATMs industry by permitting WLA Operators to buy wholesome cash, …

India Services Bank Payment Rbi Atm Cash
Health ATMs in district hospitals in Uttar Pradesh soon
1 year, 4 months ago

Health ATMs in district hospitals in Uttar Pradesh soon

Hindustan Times  

District level hospitals in state will soon get health ATMs for conducting multiple basic tests for patients and attendants coming there. Health ATMs in district hospitals in Uttar Pradesh soon The purchase of health ATMs is being done by the Uttar Pradesh Medical Supply Corporation Limited. Health ATMs are touch-screen automated machines which can tell vital parameters, including pulse, blood …

Health Uttar Pradesh Atm District Hospitals Atms Health Atms Upmscl
White label ATMs set to drive ATM spread in tier III to VI centres: Karad
1 year, 4 months ago

White label ATMs set to drive ATM spread in tier III to VI centres: Karad

Live Mint  

New Delhi: White Label ATMs are expected to drive ATM spread across India with a greater focus on tier III to VI centres, said Union Minister of State for Finance, Bhagwat Kisanrao Karad, in a written reply in Rajya Sabha on Tuesday. To expand ATM access in the country, the Reserve Bank of India has granted permission to non-bank entities …

India Rbi Atm Cash Karad Tier Iii Wlas
Cash Remains King in Assam's Tea Gardens as Workers' Weekly Salary Preference Stalls Digital Payment Efforts
1 year, 9 months ago

Cash Remains King in Assam's Tea Gardens as Workers' Weekly Salary Preference Stalls Digital Payment Efforts

News 18  

Today is Friday, the day for weekly payment in most of the tea gardens in Assam. Eventually, people had to fall back to the more convenient mode of receiving salaries in cash.” During Union Finance Minister Nirmala Sitharaman’s visit to the state in February 2020, she rapped State Bank of India for the bank’s failure to operationalise bank accounts of …

Assam Bank State Bank Accounts Atm Gardens Accounts
Axis Bank Completes Acquisition of Citibank's India Business; What It Means For Customers
1 year, 9 months ago

Axis Bank Completes Acquisition of Citibank's India Business; What It Means For Customers

News 18  

Mumbai-headquartered Axis Bank has completed the acquisition of the India consumer business of the Citigroup-owned foreign bank Citibank for Rs 12,325 crore. The deal, announced in March 2022, will see India’s third largest private sector bank absorbing Citibank’s consumer businesses covering loans, credit cards, wealth management and retail banking operations in India. In a stock exchange filing last week, Axis …

India Nri Customers Citi Axis Citibank Bank Completes
RBI renews authorization for white label ATMs to Vakrangee
1 year, 10 months ago

RBI renews authorization for white label ATMs to Vakrangee

Live Mint  

The Reserve Bank of India has provided the Renewal of Authorization to Vakrangee Ltd, said the company on Monday. The central bank has extended the validity of authorization issued to Vakrangee to setup, own and operate White Label ATMs in India. The company currently operates 6,283 White Label ATMs and 77 per cent of these are in Tier 4 and …

Bank Atms India Rbi White Label Atms Vakrangee Vakrangee Kendra
3 held for thefts at ATMs
1 year, 11 months ago

3 held for thefts at ATMs

Deccan Chronicle  

Kakinada: Pithapuram Town police have arrested three persons – L. Uma Srinivas alias Manikanta and G. Durga Prasad of Irripaka village in Jaggampeta mandal, apart from M. Babu of Peddipalem village in Prathipadu mandal – on charges of stealing money from bank customers at ATMs. Police recovered ₹1.42 lakh from the accused and produced them before AJFCM Court at Pithapuram. …

Pithapuram
Hyderabad cops nab gang for cheating banks, ATM fraud
2 years ago

Hyderabad cops nab gang for cheating banks, ATM fraud

Deccan Chronicle  

Hyderabad: A gang involved in cheating banks by raising false complaints of failed transactions at ATMs have been arrested. Police said the gang used debit cards of known persons to withdraw money from ATMs. Police said the accused would cover the cash dispenser slot for a few seconds while cash was dispensed, collected cash and then raised a complaint saying …

Hyderabad Bank Atm Cash
This ATM’s ‘leaderboard’ displays wealthy users’ bank balances for all to see
2 years ago

This ATM’s ‘leaderboard’ displays wealthy users’ bank balances for all to see

CNN  

CNN — After cutting up a $30,000 Damien Hirst print, getting into a legal entanglement with Nike over custom Satan sneakers and sending Grimes to the Met Gala with a sword made from melted-down guns, Brooklyn art collective MSCHF last week dared the wealthiest attendees of Art Basel Miami Beach to reveal themselves. "ATM Leaderboard," a new art piece from …

Art Cnn Atm Miami Beach Greenberg Basel Mschf
Two held for extorting money from couple by recording videos of hotel stay
2 years, 2 months ago

Two held for extorting money from couple by recording videos of hotel stay

Hindustan Times  

Noida police on Friday said they arrested two persons accused of recording videos of a couple and demanding extortion money. The arrest also led to the busting of a gang that supplies kits consisting of bank passbooks, sim cards, ATMs and other bank facilities, said Saad Miya Khan, additional Deputy Commissioner Police Noida to ANI. Another person involved in supplying …

Person Hotel Room Sim Cards
Mumbai: Two Held for Defrauding Banks by Getting ATMs to Malfunction with 'power Off' Trick
2 years, 2 months ago

Mumbai: Two Held for Defrauding Banks by Getting ATMs to Malfunction with 'power Off' Trick

News 18  

Two persons have been arrested for allegedly withdrawing cash from bank ATMs fraudulently after creating a technical error by switching off power supply amid a transaction, a Mumbai police official said on Friday. While the accused managed to get money from the ATM, the technical error created by this modus operandi would result in the bank returning the amount to …

Mumbai Bank Accused Atm Malad
Australian banks close hundreds of branches and ATMs as services move online
2 years, 2 months ago

Australian banks close hundreds of branches and ATMs as services move online

ABC  

More than 1,600 bank branches closed nationally in the past six years, new data shows, with 309 branches axed in the last financial year alone. Key points: More than 300 bank branches closed nationally in the last financial year Banks also closed 963 ATMs last year as services moved online Australia has seen a 30 per cent drop in branch …

Services Banking Online Cent Banks Victoria Close
What are bitcoin ATMs and how do they work?
2 years, 3 months ago

What are bitcoin ATMs and how do they work?

Live Mint  

A Bitcoin ATM is a kiosk connected to the internet that enables a user to buy bitcoins and other digital currencies by using cash or debit card. Usually, it is required to have an operational bitcoin wallet to carry out transactions on the machine, but some bitcoin ATMs also allow opening of a wallet. Using a Bitcoin ATM Although different …

Bitcoin Atm Buy Cash Wallet Atms Bitcoin Atms
SBI ATM Withdrawal Rule: Want to Withdraw More Than Rs 10,000? You Need to Enter OTP
2 years, 4 months ago

SBI ATM Withdrawal Rule: Want to Withdraw More Than Rs 10,000? You Need to Enter OTP

News 18  

SBI ATM Cash Withdrawal Rules: The State Bank of India, or SBI, which has the highest number of customers in the country, has always been alert about preventing ATM scams. The lender has in effect a one-time password based cash withdrawal system whereby customers who wish to withdraw money from an SBI ATM will have to enter an OTP. How …

Withdrawal Enter Cash Withdraw Sbi Atms Otp Atm
ATM: Do You Have to Pay Rs 173 per Transaction after 4 Withdrawals in a Month? Govt Clarifies
2 years, 5 months ago

ATM: Do You Have to Pay Rs 173 per Transaction after 4 Withdrawals in a Month? Govt Clarifies

News 18  

ATM Withdrawal Rule: The Reserve Bank of India has its guidelines when it comes to withdrawing money from ATMs or do non-financial transactions using them. दावा: ATM से 4 से अधिक बार पैसे निकालने पर ₹173 काटे जाएंगे। #PIBFactCheck▶️यह दावा फर्जी है। ▶️अपने बैंक के ATM से हर माह 5 मुफ्त ट्रैन्ज़ैक्शन किए जा सकते हैं। ▶️इसके बाद अधिकतम ₹21/ट्रांजैक्शन …

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