Atms

UPI-ICD offers a cardless solution, mitigating the risks of debit card loss, theft or related fraud. By eliminating the need for physical cards, the user-friendly facility provides a secure and convenient way to manage your finances.

Soon, you may have to pay more for cash withdrawals from ATMs: Report

The Confederation of ATM Industry (CATMI) has approached the Reserve Bank of India and the National Payments Corporation of India to request an increase in the charges to Rs 23 for every transaction, the Economic Times reported.

Step up your card safety with cardless cash withdrawals

This app-driven ATM transaction helps you to withdraw money without the need to swipe/dip a card.

Bank of Baroda enables UPI ATM facility at over 6,000 ATMs across country

It is the first public sector bank to launch UPI ATMs, in coordination with the National Payments Corporation of India (NPCI) and powered by NCR Corporation, BoB said in a statement.

Forgot to bring your ATM card? Here’s how you can withdraw cash without a debit card

Debit cards were one of the most convenient ways to carry money before. But the introduction of UPI has changed it totally. But what if you’re in urgent need of cash & don’t have your debit card with you? Well, we have the solution. Watch the video to find out.

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

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

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

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

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

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

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

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

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

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

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

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?

Listen in to this podcast to know the current situation

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

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

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

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

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

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

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.