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In a Q&A, the country managing director of the world's largest ATM maker, says he sees a lot of banks come to firms such as his to run their ATM network for them in the future
In a bid to protect the customers against ATM frauds, a withdrawal of or more than Rs 10,000 from the SBI account will now be possible only on entering the OTP in the ATM
Beware of keypad manipulation and heat mapping while using the ATM or PoS machine
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Banks, or the government, did not notify an extension of the ATM related rules, which meant that banks can now charge their customers like before
The public sector lender collected Rs 152.88 crore from customers by levying annual maintenance charges (AMC) on debit cards
The demand for a hike in the interchange hides a bigger mess, reports Raghu Mohan
Know your rights, follow good practices and use simple strategies to reduce charges
According to the new rules, SBI will allow 8-10 free ATM transactions a month for customers with average monthly balances of up to Rs 25,000 in their savings accounts
A bench of Chief Justice Rajendra Menon and Justice V K Rao on Thursday said the ATM facility provided by banks have lot of overhead costs