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ATM CASH NOT DISPENSED
ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...
We still need cash in ATManirbhar BharatDespite the rise of digital payments, cash remains essential, yet ATMs are increasingly running out of money. Banks are reducing their ATM ...
Number of ATMs with ₹100 or ₹200 notes rises sharplyReserve Bank of India set a target. Banks must ensure 75% of ATMs dispense smaller notes by September 2025. Currently, banks reached 73% al...
Some ATMs to retract cash to tackle fake shutter overlay fraud: RBIThe Reserve Bank of India is partially reactivating ATM cash retraction, a feature disabled in 2012 due to fraud. This move combats a new "...
ATM dispenses 5 times extra cash in Maharashtra's Nagpur district; people rush to withdraw moneyThis happened on Wednesday at the Automated Teller Machine (ATM) of a private bank in Khaparkheda town, located around 30 km from Nagpur ci...
ATM installed in Meghalaya hospital where inventor was born in 1925"The teller machine was installed on August 7 after a petition was submitted to State Bank of India for setting up an ATM on the premises b...
Husband cannot use wife's debit card, says courtMost of us are not aware of this rule but according to banks, an ATM card is non-transferable and nobody else apart from the account holder...
Availability of cash-dispensing ATMs continues to worsen: SurveyDelhi recorded the highest availability of cash- dispensing ATMs, with only 11 per cent unable to find money in ATMs during the mentioned d...
Government, RBI ask banks to boost ATM cash supplyThe official said that cash supplies from printing presses have also been stepped up and the availability of Rs 500 notes has improved.
Nearly all ATMs reprogrammed to dispense new Rs500 and Rs2,000 notesATM withdrawals are limited to Rs2,500 at a time from dispensers recalibrated to take new notes. Those that haven’t been reprogrammed will ...
Dry ATMs dispensing more disappointment than cashAverage waiting period across ATMs seem to be between two and four hours across the major cities.
How ATMs became holy shrines overnight post demonetisationFrom mere 800 ATMs in 1999 to their indispensable status in Indian society today, these cash-vending machines have come a long way.
Half of ATMs to be recalibrated by next weekAn official said the government has stepped up printing of new 500 rupee notes so that it can be made available to people.
Government puts off raising ATM withdrawal limit to Rs 4,000/dayCash withdrawal from current accounts, which have been in operation for at least three months, has also been restricted to Rs 50,000 in a w...
Using ATM-finding apps, portals to solve cash crunch? Help may be limitedThere's a possibility that after finding a working ATM on a portal, by the time you get to it and your turn comes, there is no money left i...
Going to the ATM today or tomorrow to withdraw cash is a bad idea. Read whyIf you are running out of cash and it's an emergency, you should go to the bank instead of ATM or else use electronic methods of payment.
SBI plans to add 8,000 more ATMs this fiscalSriram declined to comment on the impact of the recent review of the ATM fee policy, merely saying "we shall wait for the quarterly results...
ET in the classroom: What is a 'White-label ATM'?RBI recently allowed non-banking companies to set up white-label ATMs in the country. ET explains how they differ from the usual bank-run c...
Banks go slow on ATM rollout after govt move to centralize purchaseThe wait outside public sector bank ATMs is set to get longer with the banks putting on hold plans to install new cash dispensing machines ...
- ATMs of several nationalized banks fail to generate cash
The one day strike of nationalized bank employees might be over but its affect was still visible as ATM of several public sector banks in P...