RBI grants white-label ATM licence to Mumbai-based EPSMumbai-based EPS is backed by investors like the UK's Apis Partners and Dutch Entrepreneurial Development Bank FMO. The licence has made it...
Indian consumers show zero loss of appetite for cashCash in circulation and ATM replenishment show that demand for banknotes has gone up.
After Delhi and Tamil Nadu, Karnataka has third highest ATM densityRural Karnataka is underserved when compared to Bengaluru city, having 12 ATMs/lakh population, a far cry from the latter’s 52 ATMs/ lakh, ...
Currency crisis in India is retarding Bhutan: Bangledesh trade paceThough a bilateral issue between the two neighboring countries, thousands of Indian citizens, dependent on this trade, have become victims ...
Allow mobile banking registration at ATMs: RBI to banksNPCI has developed the mobile banking registration service/option on the National Financial Switch and the service is ready to be deployed ...
RBI asks banks to adopt easy norms for m-banking registrationThe RBI asked banks to make registration process for mobile banking services easy and activate services at the earliest to expand the reach...
New banking rules aim at creating payment banksThe new guidelines represent a watershed moment for penetration of banking in India. The key feature of this policy is creating a new categ...
New ATM charges come into forceUsing ATMs to withdraw money or for other purposes like balance enquiry beyond five times in a month will attract a charge of Rs 20 per tra...
Starting tomorrow, ATM use over 5 times per month will attract fee of Rs 20 per transactionUsing ATMs to withdraw money or for other purposes like balance enquiry beyond five times in a month will attract a levy of Rs 20 per trans...
MphasiS partners Delta Power Solutions for innovations in ATMThe partnership for the ATM Security Solutions will enable Mphasis offer the most comprehensive single window solution for 'e-surveillance ...
- MphasiS partners Delta Power Solutions for innovations in ATM
The partnership for the ATM Security Solutions will enable Mphasis offer the most comprehensive single window solution for 'e-surveillance ...
Tatas give financial inclusion a push; co to install 15,000 ATMs in the next 3 yearsThe least-banked districts are priority for the Tatas, which is pushing for cash delivery through white-label ATMs, which are not operated ...
- Hughes India wins Rs 200 crore orders for ATM project
Hughes Communications India today said it has won contracts worth Rs 200 crore to connect 27,000 ATMs through broadband satellite network.
CX partners may invest Rs 150 crore in Transaction SolutionsCX Partners is negotiating an investment of around Rs 150 cr in Transaction Solutions International, an ATM outsourcing company.
- ATM companies top small banks in valuation
Although access is free for customers, banks pay each other a transaction fee every time their depositors access ATMs of other banks.
- NCR bags SBI order to set up 3,000 ATMs
NCR Corporation, the world’s largest provider of ATM services, has bagged an order from the State Bank of India group to set up 3,000 ATMs,...
- NCR to install 3,000 ATMs for State Bank group
NCR Corporation, the world’s largest provider of ATM services has bagged an order from the State Bank of India group to set up 3,000 ATMs a...