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ATM EXTRA CASH
Need Rs 1 lakh urgently? Think again before withdrawing it from your retirement fund as it could cost you Rs 30 lakh laterRetirement planning: Dipping into your retirement corpus for urgent needs can be a costly mistake, potentially costing you lakhs by retirem...- 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...
- Withdrawing more than Rs 10,000 from SBI ATM? Don't forget to carry your mobileWithdrawal of more than Rs 10,000 from an SBI ATM will have two-factor security authentication (Debit card pin and OTO) with effect from Se...
- RBL Bank launches cardless cash withdrawal facility through ATMs across countryRBL Bank customers can withdraw cash without their debit cards from 389 IMT-enabled automated teller machines (ATMs) of the bank or more th...
- ET View: ATMs must not shut down, let banks bear the extra costsImplementing the infrastructure should be counted as an overhead cost for the bank and that must be defrayed.
- ATMs run by private non-banking entities suffering as banks give priority to their own branchesAs banks are giving priority to their own branches and ATM network while manging a limited supply of cash , almost all the 14,000 white lab...
- 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.
- Plan your transactions now! Banks to remain closed for four days in Holi weekThursday will be a holiday for celebrating the Holi festival, followed by Good Friday and the weekend.
- Muthoot Finance to set up 100 white-label ATMs this quarterThe company today inaugurated its first ATM in Chennai, also the 29th in the country, Kerala-based Muthoot Finance said in a statement.
- Muthoot Finance launches white-label ATM in KeralaA white-label ATM is similar to a normal bank ATM with facilities of cash withdrawal and balance enquiry.
- ATMs may run dry on shortage of guards this festival seasonThere may be cash crunch at ATMs this festival season on account of shortage of armed staff in private security agencies that provide logis...
- Bank ATMs stop sucking in cash after RBI directionDon't worry about cash getting sucked back by ATM if not collected instantly, as RBI has asked to immobilise cash retraction facility.
- Hit by dubious claims, RBI junks ATM cash retractionThe step has been taken to prevent the misuse of the system as RBI has received complaints about people trying to defraud banks by claiming...
- At IGI, passengers need to shell out money to use ATMRunning short of cash at the IGI airport's international terminal? You will have to cough up some extra amount to use the ATM. Top Indian B...
- ATMs empty as bank stir sparks higher withdrawalsSituation is likely to worsen today. Although pvt banks are not participating, banking functions have been hit as PSBs control 70% of ops. ...
- Banks slow in reversing ghost debiting at ATMsEver since ATMs were ‘liberalised’ - from April, customers can withdraw cash from any bank’s ATM without extra chargethere’s been a rise in...
- Free access: Banks may consolidate ATM opsAs access to ATMs has become free from April 1 (no extra fees for using ATMs of other banks), many banks may look at consolidation of their...
- Banks stock up ATMs with cash ahead of long weekendSBI, ICICI Bank and Axis Bank plan to keep control of the situation by stocking up extra cash at ATMs and will monitor them on a 24x7 basis...
- ATM: All That Matters at the push of a buttonBid adieu to long queues, lost bills, cumbersome cheques, keeping a tab on due dates and paying commissions to local errand boys. Now you c...
- Banks stock up to stay afloatBanks are preparing for the worst. To avert angry customers, they are stuffing ATMs with surplus cash, installing extra generator sets for ...
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