Searched for
ATM CASH VAN
ATM cash loaders demand more money to cover increasing expensesCash logistics firms are urging banks for higher ATM replenishment fees due to escalating operational costs. Soaring fuel prices and increa...- ICICI to deploy mobile ATM vans in Noida, other districts in UPThe mobile ATMs will offer all the services that are available at normal ATMs. Apart from cash withdrawals, key services which can be avail...
- Banks ask RBI to ease ATM cash management rulesThe forced stocktaking of demonetised notes revealed that there were several instances of discrepancies between cash in ATMs and what was s...
- No ATM to be replenished with cash after 9 pm from next yearThere are over 8,000 privately owned cash vans plying across India, operated by non-bank private agencies, and they handle over Rs 15,000 c...
- New norms notified for ATM cash loadingIt also directed personnel deputed on these vans to undergo training in handling situations like an armed assault, tailing by vehicle-borne...
- Banks expect more secure cash replenishment in ATMsIn its circular, the RBI had advised banks to review their existing outsourcing arrangements and bring them in line with these instructions...
- RBI issues stiff norms for transportation of cash by banksAs per the guidelines, the service provider must have a net worth of Rs 100 crore and should have a minimum fleet of 300 specifically fabri...
- ATMs not to be replenished with cash after 9 pm: GovernmentThe deadline for putting money in the ATMs in cities would be 9 PM, 6 pm in rural areas, and 4 pm in Naxal-affected districts.
- Staff leaves ATM van doors open, bikers flee with Rs 27 lakhThe van's custodian said a cash box had gone missing from the vehicle while he was refilling the ATM machine of a private bank near Bada Ba...
- ATM van driver flees with Rs 20 lakh cash in BengaluruUnlike the previous case of November 23, the ATM van and the missing cash were recovered from two different locations by Sunday morning. Th...
- Lost in transit: ATM refill frauds jump four-fold since demonetisationCBI is investigating a case in Bengaluru where an attempt was made to convert Rs 5.63 crore “black money” into white using ATM refill agenc...
- Cash logistics firms emerge as the hero in times of distressIt does not help that banks have decided to prioritise disbursement of cash from the branch over ATMs. This slows down disbursement.
- Currency ban: Expect dry ATMs, queues next week tooAvailability of the new Rs 500 notes will be a big relief as the Rs 2,000 notes won't help in everyday transactions, resulting in a higher ...
- Vault to ATM, cash logistics firms working round the clockOn an average, the eight cash logistic firms refill close to Rs 15,000-20,000 crore daily in ATMs in the country. With a fleet of 110 cash ...
- Government proposing that ATMs should not be replenished with cash after 8 PMThese are part of a new guidelines and risk mitigation procedures the government is proposing for secured cash movement by leading private ...
- Robbers loot cash van of over Rs 1cr, kill ATM security guardWe are scanning CCTV footage to ascertain the sequence of events and are yet to ascertain the looted amount: Police
- RBI should lay down criteria for companies handling ATM cash: IBABanks must enforce minimum eligibility standards as part of their Request for Proposal (RFP) process, IBA said in a report submitted to RBI.
- Stricter norms for ATM cash handling companies likely: IBARobberies involving cash vans has made the Indian Banks Association come out with minimum eligibility criteria for cash replenishment agenc...
- ‘Cash management services of banks need a relook’RBI has asked the IBA to set up a working group to look into all aspects relating to outsourcing of cash management services.
- Cash logistics industry set to witness a boom; why industry biggies asking for a regulator?The cash logistics industry is set to witness a boom over the next two years. But why are industry biggies asking to be regulated?
Load More
