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Number Of ATMs in India At Over 213,000: FinMin

Banking & Finance

To a question on the target to install ATMs by 2022, he said the RBI has apprised that WLA operators are required to deploy a minimum of 1,000 ATMs every year and to maintain a deployment ratio of 1:2:3 for metro and urban, semi-urban and rural regions respectively".

RBI’s Penalty Policy May Cause Stir In Rural Banks

Abhishek Sharma

Banking & Finance

Meanwhile, the industry body has written to the banking regulator and asked them to review its decision. As per them, an ATM can usually run out of cash six times every month and approximately 50 per cent of the 213,000 ATMs are faced with this issue.

Robbers trigger explosion, loot ATM in Madhya Pradesh

ANI

National

Robbers trigger explosion, loot ATM in Madhya Pradesh

Odisha: 2 held for being involved in ATM loot case

ANI

National

Odisha: 2 held for being involved in ATM loot case

Ghaziabad: ATM card cloning device found in ATM machine

ANI

National

Ghaziabad: ATM card cloning device found in ATM machine

Malware Found Targeting Indian Financial Institutions, ATM: Kaspersky

BW Online Bureau

Economy Policy Tech & Communication

Dtrack can be used as a remote admin tool (RAT), giving threat actors to complete control over infected devices.

Cash Situation At ATMs Improving, Says SBI

BW Online Bureau

Economy

Several other lenders, including PNB, Canara Bank and Axis Bank claimed that cash shortage at ATMs was limited to select pockets

Digital Point Of Sale Machines Set To Take Over ATM Machines.

Bhaktvatsal Sharma

Economy India

Deepak Chandnani, CEO (South East Asia and the Middle East), Worldline in an interview with BW BusinessWorld discusses the digital payments ecosystem. He also discusses the increase of digital PoS across the country. Deepak states that since November 2016 there has been a 140% rise in PoS terminals across the country and tend to increase even more