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18 Results Found
  • You have to pay more for ATM cash withdrawal soon - here is why Jul 22, 2021 12:46 PM IST

    You have to pay more for ATM cash withdrawal soon - here is why

    Customers are eligible for five free transactions, inclusive of financial and non-financial transactions, every month from their own bank ATMs.

  • SBI to levy charges for cash withdrawal beyond 4 free transactions per month with effect from July 1 Jun 29, 2021 01:44 PM IST

    SBI to levy charges for cash withdrawal beyond 4 free transactions per month with effect from July 1

    As per the revision in service charges for BSBD accounts, State Bank of India (SBI) will levy charges ranging from Rs 15 to Rs 75 for the "additional value added services" with effect from July 1, 2021.

  • SBI revises ATM cash withdrawal, cheque book charges for BSBD account holders, check details May 25, 2021 09:51 AM IST

    SBI revises ATM cash withdrawal, cheque book charges for BSBD account holders, check details

    The new service charges will come into effect from July 1, 2021, SBI has said.

  • PMC Bank crisis aftermath: Depositors' confidence in banks takes a big knock Nov 18, 2019 08:08 PM IST

    PMC Bank crisis aftermath: Depositors' confidence in banks takes a big knock

    Customers across other financial entities, be it public, private, cooperative as well as non-bank categories are now questioning the stability of their banks.

  • 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

  • How the elderly can bank smoothly without visiting a branch Aug 21, 2019 01:01 PM IST

    How the elderly can bank smoothly without visiting a branch

    Several banking privileges have been rolled out for senior citizens

  • 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.

  • ATMs running low on Rs 500, Rs 100 notes, white label operators suffer Mar 27, 2017 03:52 PM IST

    ATMs running low on Rs 500, Rs 100 notes, white label operators suffer

  • Is cash king or do digital payments lack the trust factor? Mar 14, 2017 04:15 PM IST

    Is cash king or do digital payments lack the trust factor?

    Latest RBI data suggest that measures implemented to push digital transactions haven’t been able wane citizens off the “touch and feel” of cash.

  • Cash transaction charges levied by banks: should you worry? Mar 03, 2017 11:16 AM IST

    Cash transaction charges levied by banks: should you worry?

    Finance industry experts believe the brunt of the negative impact of the move would be faced by self-employed and small businesses, while the salaried class might not face much inconvenience.

  • Goodbye cash crunch? No cash withdrawal limits from March 13 Feb 08, 2017 04:10 PM IST

    Goodbye cash crunch? No cash withdrawal limits from March 13

    "The limits on cash withdrawal from savings bank accounts continue to be in place. In line with the pace of remonetisation, it has now been decided to remove these limits in two stages," said RBI Deputy Governor R Gandhi.

  • Banks may allow cash withdrawal for marriage from next week Nov 19, 2016 05:08 PM IST

    Banks may allow cash withdrawal for marriage from next week

    Banks may allow withdrawal of Rs 2.5 lakh by the families with upcoming weddings from next week only after receiving operational guidelines from the RBI, even though the Centre announced the relaxation earlier this week.

  • Demonetisation: Wedding bells can ring now as bills become easier to pay Nov 18, 2016 10:36 AM IST

    Demonetisation: Wedding bells can ring now as bills become easier to pay

    The government‘s decision to allow a one-time cash withdrawal limit of Rs 2.5 lakh for wedding-related spending should come as a breather for India‘s Rs 3.3 lakh crore marriage industry where bills are mostly settled on cash deals.

  • Govt announces new measures to increase supply of cash Nov 14, 2016 07:36 PM IST

    Govt announces new measures to increase supply of cash

    India announced new measures on Monday to ease the cash crunch faced by millions after the government's decision last week to abolish large denomination notes to try and uncover billions of dollars in undeclared wealth.

  • Demonetisation: Longer queues to get cash on bank holiday Nov 14, 2016 03:40 PM IST

    Demonetisation: Longer queues to get cash on bank holiday

    Queues outside ATMs increased today as banks remained shut on account of Guru Nanak Jayanti even as several cash vending machines across the city ran dry of currency, compounding woes of the common man.

  • Govt sets up task force to expedite recalibration of ATMs Nov 14, 2016 03:40 PM IST

    Govt 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.

  • Banks closed today; queues get longer at ATMs Nov 14, 2016 11:22 AM IST

    Banks closed today; queues get longer at ATMs

    With banks closed in many parts of the country, cash-strapped people started making beeline outside ATMs from early morning but with limited success as most of cash vending machines are running dry.

  • Cash withdrawal limits to ease with supply of new notes: Govt Nov 09, 2016 11:34 AM IST

    Cash withdrawal limits to ease with supply of new notes: Govt

    A day after it withdrew high-denomination bank notes of Rs 500 and Rs 1,000 in the country's biggest crackdown against black money and corruption, the government said a lot of money lying unused will come into the formal economy that can be used for economic development of the country.

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