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ATM RECALIBRATION
SBI yet to recalibrate 18,135 ATMs for new notes: RTIThe recalibration is a process, in which the cassettes in the ATMs that hold cash are modified to suit the size of the currency.- Rs 100 crore needed to recalibrate ATMs for new Rs 100 notes: CatmiATMs will need to be calibrated for new Rs 100 note issued by the RBI, which is time consuming and a big cost on an already struggling indu...
- New Rs 100 bill carries a Rs 100-crore price tagMost banks are yet to complete recalibration of all ATMs.
- Take Rs 200 notes to ATMs, RBI tells banksRBI's move comes amidst criticism that the very purpose of demonetisation is being defeated with the circulation of a huge number of Rs. 2,...
- ATMs to dispense new Rs 200 notes only by year-endMost ATM makers cite non-availability of the notes, as a result of which there has been a lack of interest on the part of banks to get all ...
- New Rs 100 note coming in April, claims reportThe new notes are likely to bear the same dimension and size to avoid re-calibration of ATMs, said a report in Times Now.
- Almost 85% ATMs recalibrated for new notes till November 30: GovernmentAs on September 30, 2016 there were 2,11,594 ATMs of banks and 14,324 white label ATMs working across the country.
- 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 ...
- 1.80 lakh ATMs re-calibrated to dispense Rs 500, 2,000 notesA working group was formed which included of representatives of ATMs manufacturers like NCR, Diebold Nixdor, cash in transit companies.
- Get rural ATMs running on priority, orders RBIWhile in the urban areas, a lot of ATMs have already been recalibrated, people were still facing empty machines or the ones dispensing only...
- RBI crack team to monitor payday rushRBI's ATM task force under Mundra has decided to focus all its attention on the upcoming salary cycle from November 27 to December 7.
- 82,000 ATMs recalibrated: Finance MinistryEconomic Affairs Secretary Shaktikanta Das said it was only a matter of few days that the recalibration of all ATMs across the country woul...
- 82,500 ATMs recalibrated to dispense new notesThese ATMs have been reset as per the direction of task force set up by the government to expedite the process.
- ATMs upgrading fast may help avoid salary crunchGovt official confirmed that an informal target of recalibrating at least 12,000 ATMs a day has been given to the banks by the working grou...
- Banks still grapple with huge rush, most ATMs run dryTruckers too were reportedly stranded on highways as drivers ran out of valid currency notes, affecting movement of goods in several parts ...
- 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...
- Federal Bank dispenses Rs 2,000 note through recalibrated ATMsThe Federal Bank ATM at Thevara in Kochi successfully dispensed Rs 2,000 denomination notes to customers.
- Recalibrating ATMs for denominations other than Rs 100 will take over 2 weeksThe delay is due to the small size of the industry which is responsible for maintenance and operations of the ATMs. There are eight cash lo...
- ATMs have not been recalibrated for new currency, it will take time, says Finance Minister Arun JaitleyGovt regrets people are being inconvenienced but since it is an enormous task and it will take 2-3 weeks for ATMs to provide some reprieve,...
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