Ericsson commits to 'Made in India' for all telecom gearSwedish firm Ericsson will manufacture all telecom equipment sold in India locally. This includes future 6G technology. The company current...
09 Oct, 2025, 08.46 PM IST
Rumours of ATM closures 'false', 'unfounded': Indian Overseas BankIndian Overseas Bank (IOB) has refuted rumours circulating about the closure of its ATM networks, assuring customers that all ATMs are full...
09 May, 2025, 05.00 PM IST
Modi govt making banks 'collection agents' of 'loot': Kharge after hike in ATM withdrawal chargesCongress criticizes the Modi government over the RBI's decision to hike ATM withdrawal charges, accusing it of turning banks into 'collecti...
29 Mar, 2025, 01.43 PM IST
ATM companies ask RBI to nix stiff cashout penalties, says it'll lead to shutdownsOnly 20% of ATMs in rural areas are loaded with cash twice, whereas 42% of the ATMs are loaded only once a week.
21 Oct, 2021, 01.29 AM IST
Banks go slow on ATMs as digital transactions gain pacePublic sector banks have shuttered nearly 5,000 automated teller machines in one year alone. However, private sector banks, small finance b...
17 Apr, 2021, 07.25 AM IST
Jan Dhan accounts, direct cash transfers from government boost ATMs in rural areasATM players say that the main reason is that over seven years, the number of debit cards in India has doubled to 86 crore as of September 2...
30 Nov, 2020, 11.26 AM IST
Rumours of branch closure false; customer services points open: DFS Secretary"Customer service bank branches are operational & will continue to provide services. Sufficient cash across branches & ATMs! Don't trust ru...
27 Mar, 2020, 03.29 PM IST
Amid lockdown, banks, ATM companies warn of rush for salary, government doleEven as many branches are not able to operate because of a staff shortage, banks are warning of large crowds in branches as Pradhan Mantri ...
27 Mar, 2020, 12.33 PM IST
Bengaluru international airport records double-digit growth with 34 million passengers last yearWhile international passenger traffic witnessed double-digit growth of 14 per cent, an upswing from 4.27 million in calendar 2018 to 4.87 m...
27 Jan, 2020, 05.22 PM IST
Senior citizens dread idea of bank mergersAccording to a banker with SBI, senior citizens find it most difficult to deal with change. They get worked up emotionally, and changes lik...
16 Dec, 2019, 10.53 AM IST
PSBs shutter many branches, ATMs in cities as costs mountLenders find launch and maintenance of physical infrastructure untenable.
22 Aug, 2019, 08.16 AM IST
Why they say half of ATMs will shut down by March next yearATM is certainly not a growing business. That only adds to the problem of bearing the regulatory cost.
23 Nov, 2018, 04.52 PM IST
No major plan to reduce ATMs: PNBThe statement comes a day after the Confederation of ATM Industry (CATMi) said changes in the regulatory landscape are making it unviable t...
22 Nov, 2018, 09.55 PM IST
Bengaluru airport resumes full-fledged operations from todayFor about two and a half months from mid-February, the airport was closed to flights during the day-due to Aero India 2017 and later for up...
01 May, 2017, 11.37 AM IST
3-day bank holidays add to people's cash woesMany people expressed unhappiness that even a month after PM Narendra Modi's announcement about demonetisation on November 8, the situation...
12 Dec, 2016, 07.15 PM IST
Refilling ATMs: Rural areas to get priorityCitizens are struggling to meet their daily expenses as Prime Minister Narendra Modi’s decision to make Rs 500 and Rs 1,000 currency notes ...
11 Nov, 2016, 01.04 AM IST
Brazil embraces "Make in India": Perto/Digicon opens its first ATM machine plant in IndiaThe factory in Rajasthan, which has international export potential, was entirely built with green field direct investments, on a 100.000 sq...
19 Oct, 2016, 06.45 PM IST