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  • RBI pushes banks to upgrade ATM security norms: Report Jul 02, 2020 10:14 AM IST

    RBI pushes banks to upgrade ATM security norms: Report

    The central bank, which expected the upgrades to be done in a phased manner, is asking banks for updates on the progress.

  • Unlock 2.0: Banks will charge for these services from July 1 Jul 01, 2020 10:37 AM IST

    Unlock 2.0: Banks will charge for these services from July 1

    Some of the relief measures announced for bank customers earlier will now be slowly rolled back

  • RBI eases norms for deployment of ATMs by non-bank entities: Report Jun 17, 2020 12:07 PM IST

    RBI eases norms for deployment of ATMs by non-bank entities: Report

    ATMs set up and operated by non-banking companies are referred to as white-label ATMs

  • COVID-19 impact | ATMs lose, payments banks gain Jun 16, 2020 10:08 AM IST

    COVID-19 impact | ATMs lose, payments banks gain

    Curiously, digital payment transactions fell to 2.36 billion in April, compared to 3 billion in March

  • Cash deposits at any ATM, regardless of bank, may soon be a reality: Report Jan 10, 2020 01:14 PM IST

    Cash deposits at any ATM, regardless of bank, may soon be a reality: Report

    As many as 14 banks already provide the service, and NPCI estimates that around 30,000 ATMs could be brought live without significant hardware upgrades

  • Banking wrap 2019: Top 5 changes for bank customers Dec 18, 2019 07:57 AM IST

    Banking wrap 2019: Top 5 changes for bank customers

    Let's take a look at the major changes in banking regulations

  • PMC Bank: RBI increases deposit withdrawal limit to Rs 50,000, reopens ATMs Nov 05, 2019 05:44 PM IST

    PMC Bank: RBI increases deposit withdrawal limit to Rs 50,000, reopens ATMs

    RBI has also decided to allow depositors to withdraw cash from the bank's own ATMs within the relaxed limit of Rs 50,000.

  • Withdrawing money? Follow these steps to keep frauds at bay Nov 01, 2019 09:10 AM IST

    Withdrawing money? Follow these steps to keep frauds at bay

    Customers, especially senior citizens, must take several precautions while taking out cash from their bank accounts

  • RBI data shows rise in ATM frauds for FY18-19; Maharashtra tops the list: Report Jul 23, 2019 03:30 PM IST

    RBI data shows rise in ATM frauds for FY18-19; Maharashtra tops the list: Report

    Tamil Nadu came in second, with losses worth Rs 3.63 crore for the same period and Delhi recorded 179 cases which cost the national capital Rs 2.9 crore

  • Banking wrap: Fears of 50% ATM closure raises DeMo fears, regulatory intervention needed Nov 24, 2018 03:21 PM IST

    Banking wrap: Fears of 50% ATM closure raises DeMo fears, regulatory intervention needed

    Some fear this could lead to more visits to bank branches or hoarding of cash at home as ATMs are frequently used by depositors

  • Fears of cash-less ATMs rise as 10 lakh banking employees go on a strike over wage hike May 30, 2018 03:00 PM IST

    Fears of cash-less ATMs rise as 10 lakh banking employees go on a strike over wage hike

    The IBA could meet the unions on June 12 to restart wage negotiations. Bank unions are demand a 15% percent as opposed to the meagre 2% offered to them.

  • Banking sector this week: Cash crunch at ATMs grips 8 Indian states as banks struggle for recovery Apr 21, 2018 07:03 PM IST

    Banking sector this week: Cash crunch at ATMs grips 8 Indian states as banks struggle for recovery

    In just 18 months, demonetisation-like nightmare once again haunted Indians in almost 8 states as it witnessed major cash crunch at a large number of ATMs

  • Podcast | Did we just witness a redux of demonetisation? Apr 18, 2018 08:30 PM IST

    Podcast | Did we just witness a redux of demonetisation?

    Listen in to this podcast to know the current situation

  • Cash demand dents digitisation expectations; banks, suppliers blame RBI for shortage Apr 18, 2018 10:33 AM IST

    Cash demand dents digitisation expectations; banks, suppliers blame RBI for shortage

    The cash crunch also proved that the push for digitisation in banking and payments is not going as planned, since the demand for cash is clearly rising.

  • Podcast | Cash crunch: Here's why ATMs in the country are running dry Apr 17, 2018 04:45 PM IST

    Podcast | Cash crunch: Here's why ATMs in the country are running dry

    Finance Minister Arun Jaitley said that there is more than adequate currency in circulation

  • ATM breach: How to take precautions pre and post debit or credit card use Dec 20, 2017 08:46 PM IST

    ATM breach: How to take precautions pre and post debit or credit card use

    Earlier this week, about 40 people who used a Kotak Mahindra Bank ATM in Mulund (East), lost a total of around Rs 14.80 lakh fraudulently withdrawn from their bank accounts in three days from Sunday to Monday.

  • Bank of Baroda to step up security at branches, ATMs after Navi Mumbai heist Nov 20, 2017 02:22 PM IST

    Bank of Baroda to step up security at branches, ATMs after Navi Mumbai heist

    The bank has now decided to install electronic surveillance systems at all its branches and ATMs.

  • RBI penalises Yes Bank & IDFC Bank for violations Oct 24, 2017 07:16 PM IST

    RBI penalises Yes Bank & IDFC Bank for violations

    Penalty was for non-compliance with RBI directions on Income Recognition Asset Classification (IRAC) norms and delayed reporting of information security incident involving ATMs of the bank

  • Beyond Monetary Policy: RBI's key measures for senior citizens, public information registry, securities mkt Oct 04, 2017 07:29 PM IST

    Beyond Monetary Policy: RBI's key measures for senior citizens, public information registry, securities mkt

    RBI initiated a few other measures to improve policy interest rate transmission, on banking regulation and supervision and measures to improve financial and securities markets.

  • Rs 200 notes could be available in ATMs by September-end Aug 29, 2017 09:34 PM IST

    Rs 200 notes could be available in ATMs by September-end

    Design, texture, size, thickness and supply or availability of the new Rs 200 notes will decide the required recalibration at ATMs as it can be a massive exercise which was already done recently post demonetisation across about 2 lakh ATMs.

  • HDFC Bank trims workforce by 11,000 in 9 months Jul 25, 2017 10:21 AM IST

    HDFC Bank trims workforce by 11,000 in 9 months

    The staff count remained flat from the March quarter at around 84,000 employees. This is the third straight quarter when it has not seen a surge in hiring.

  • Now, ICICI Bank customers to get personal loans of up to Rs 15 lakh at ATMs Jul 20, 2017 01:10 PM IST

    Now, ICICI Bank customers to get personal loans of up to Rs 15 lakh at ATMs

    The facility will offer multiple eligible loan amount options up to Rs 15 lakh for a fixed tenure of 60 months based on pre-checked CIBIL scores

  • 50 years of the ATM : Why India should be grateful to ATMs Jun 28, 2017 05:00 PM IST

    50 years of the ATM : Why India should be grateful to ATMs

    World's first ATM celebrated its 50th birthday on June 27.

  • Demonetisation effect: Growth nearly halved for India's top ATM manufacturer Jun 12, 2017 05:56 PM IST

    Demonetisation effect: Growth nearly halved for India's top ATM manufacturer

    Growth rate for NCR Corp., which has a 49 percent market share in India with over 1.06 lakh ATMs, fell from 15-16 percent to about 8.9 percent.

  • What green initiatives are banks taking towards climate change? Jun 03, 2017 05:49 PM IST

    What green initiatives are banks taking towards climate change?

    Banks are taking efforts to support climate saving green initiatives such as solar-powered ATMs, paperless drives, green bonds, using efficient technologies, etc. to mitigate the risks around climate change.

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