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Latest Articles in atms

RBI Raises ATM Withdrawal Limit To Rs 4,500 From Rs 2,500 Per Day From January 1

In a relief to common man, the Reserve Bank has said cash withdrawal limit from ATMs will be increased to Rs 4,500 per day from the current Rs 2,500 from January 1

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ATMs: The Sweat Behind The Scenes

“Changes are products of intensive efforts” — Muhammad Yunus in his 2003 book Banker to the Poor: Micro-Lending and the Battle Against World Poverty

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Case Analysis: Money Matters

Nachiket to reevaluate the strategy of his line of business as the cash withdrawal pattern will change. It means number of bank owned ATMs in the market has to come down

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Innovation Is Opening Door To A Real Future Of Financial Inclusion

There are many ways that technology can help open the vaults of banking to the unbanked and the underbanked. Here are some

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Almost 85% ATMs Recalibrated For New Notes Till November 30: Government

Almost 85 per cent of country's cash dispensing machines had been recalibrated to fit the new notes till November 30 and the government has also advised banks to set up micro ATMs in rural areas to meet the cash need post demonetisation, Parliament was informed on Friday

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‘UPI Is To Online Payment What ATM Was To Withdrawals’

BW Businessworld recently caught up with the chief executive officer of HSBC India for his thoughts on demonetisation and digitalisation

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No Respite From Long Queues, Many ATMs Still Out Of Cash

There was no respite from long queues for getting cash from banks and ATMs even after a month since the demonetisation of high denomination currency notes was announced by Prime Minister Narendra Modi

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Yes Bank Partners Ola To Set Up 30 Mobile ATMs In 10 Cities

Yes Bank has partnered cab aggregator Ola to set up mobile ATMs across 30 locations in the country that will allow people to withdraw up to Rs 2,000 per card

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How Demonetisation Affects The Digital Economy In India

Opportunity for all to experience convenience. Debit card transaction saw enormous spike in the last two weeks since note ban, over 71 crore debit cards exist in India, out of which only 2% are used at least once a month

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No Respite From Queues, Chaos; ATMs Grapple With Cash Shortage

Chaotic scenes could still be seen at banks and ATMs as people queued up for hours to get valid currency notes to meet their daily expenses, even as the government on Thursday lowered the exchange limit of defunct bills and eased certain restrictions on withdrawal norms

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Government Sets Up Task Force To Expedite Recalibration Of ATMs

Government has set up a task force under the chairmanship of RBI Deputy Governor S S Mundra to ensure that ATMs across the country are ready to dispense higher denomination notes in the shortest time

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SBI Working To Make Rs 100 Notes Available At Branches, ATMs

The nation's largest lender State Bank of India on Wednesday said it is gearing up to make available the Rs 100 notes at all its ATMs and branches across in the next two days, to help reduce the inconvenience of the public after the government last night scraped Rs 500 and Rs 1,000 banknotes

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RBI Issues Clarification After Rs 500 And Rs 1,000 Notes Abolished

Those who need higher amount of cash above the Rs 4,000 exchange limit can use bank accounts to pay for their requirements by cheque or through electronic means such as online banking, mobile wallets, and credit and debit cards

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Humble Rs 100 Turns Hottest Banknote In Town!

Many guards at the automated teller machines downed their shutters following the surprise announcement by the PM to make Rs 500 and Rs 1,000 notes invalid

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