Page 2 - Atm

Finding an ATM in India getting tougher despite dependence on cash

The number of automated teller machines in the country shrank in the past two years despite an increase in transactions, Reserve Bank of India figures showed

Banks to raise interchange fees for ATM operators by Rs 1.5 to Rs 2

The ATM industry has been lobbying for an increase of inter-change by Rs 3 to Rs 18

Banks vs ATM operators: NPCI recommends a hike in interchange fee

Interchange fee is the amount charged by ATM operators for every transaction

If 'bijli', 'paani' can be subsidised, why not cost of rolling out ATMs?

A whole raft of inter-connected contracts and deals in the industry will now have to be reworked

Beware! Using a relative's ATM card can be risky, remedy can be denied

The bank can declare a withdrawal by you as illegal and deny any remedy in case a problem arises

Rs 200-note recalibration: ATM operators see Rs 1.2-bn bounty on RBI diktat

The process will require an engineer to visit each ATM location and recaliberate one of the cassettes to accommodate the Rs 200 notes

Foreign bank ATMs fell 18% in 3 yrs due to closure of operations: Govt

As on June 30, 2017, Standard Chartered Bank had the highest number of branches

After Rs 2,000 note sans Gandhi image, MP ATM dispenses fake Rs 500 notes

Earlier on April 25, a resident of Sheopur received Rs 2,000 note without Gandhiji's image

Forgot your ATM pin? You may soon make payments with your fingerprints

If biometrics match, cardholder is successfully authenticated and transaction can then be approved

Beware! 3 out of 5 ATMs in India use outdated technology, prone to hacking

The worrying fact is cash loaders don't use the 'one-time combination' method, which is akin to OTP

Banks taking steps to upgrade ATM software, make them less vulnerable: Govt

Jaitley said RBI had also advised Scheduled Commercial Banks to implement systems to secure ATMs

5 ATM maintenance staff arrested for Rs 1.88 cr fraudulent withdrawals

Police arrested five employees of an ATM maintenance firm for allegedly withdrawing Rs 1.88 crore

I constantly stand outside the ATM without lunch or dinner: ATM Guard

While putting in the extra hours is not a problem for Kolkata' security guards, they only hope that they would be paid extra for it too

Mayhem captured in photos: ATMs go dry after opening; queues get bigger

Long queues were witnessed at banks and ATMs, which opened after two days, as people rushed to get new banknotes in lieu of their old defunct bills. Many ATMs ran out of cash in couple of hours as there were heavy rush to withdraw lower denomination currency. Most of the machines were equipped to tender Rs 100 notes, while some were still not working. Banks are saying that they are trying to recalibrate their machine for higher denomination notes, it will take some days before they start tendering new high security Rs 500 and 2000 notes which is expected to ease pressure. However, to ensure customer convenience, banks have been asked to provide all cash withdrawal transactions at their ATMs free of cost till 30 December. Banks across country are witnessing heavy rush on the second day as people gathered to get new banknotes in exchange of old bills. After the government scrapped Rs 500 and Rs 1,000 notes, banks were shut on Wednesday, and ATMs were supposed to be out of service ..

Day 2 chaos: ATMs not functioning in Noida, cash yet to arrive

Most ATMs, including those of ICICI Bank, Canara Bank and Corporation Bank are not operational

ATM growth shows a decline

Players shelve IPO plans as growth slows down

PSBs install nearly 14,000 ATMs in FY16, miss target

Country's largest bank SBI installed 4,222 ATMs against the target of 4,200