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ATMS DISPENSING
LPG vending machine: Gurgaon gets 24x7 'gas ATM' that exchanges empty cylinders for filled ones in just 2 minutes, no waiting neededLPG ATM: Gurgaon has launched India's first LPG ATM, a smart vending machine dispensing lightweight composite cylinders in minutes. This au...
Has RBI directed banks to stop disbursing Rs 500 notes from ATMs by September 30, 2025? Here is what government saidThe Ministry of Finance clarified that there are no plans to ban Rs 500 notes from ATMs. The RBI aims to improve access to smaller denomina...
No proposal to stop supply of Rs 500 notes: MoS FinanceThe government has no plans to stop the supply of ₹500 notes, and ATMs will continue to dispense them along with ₹100 and ₹200 denomination...
Number of ATMs with ₹100 or ₹200 notes rises sharplyReserve Bank of India set a target. Banks must ensure 75% of ATMs dispense smaller notes by September 2025. Currently, banks reached 73% al...
RBI ask banks to ensure ATMs dispense Rs 100, Rs 200 notesThe Reserve Bank of India has directed banks and White Label ATM Operators to ensure ATMs regularly dispense Rs 100 and Rs 200 notes to imp...
Some ATMs to retract cash to tackle fake shutter overlay fraud: RBIThe Reserve Bank of India is partially reactivating ATM cash retraction, a feature disabled in 2012 due to fraud. This move combats a new "...
Hyderabad gets India's first real-time Gold ATMThe ATM has a capacity of storing 5kgs of gold. There are 8 available options for the quantity of gold starting from 0.5 grams to 100 grams.
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...
Husband cannot use wife's debit card, says courtMost of us are not aware of this rule but according to banks, an ATM card is non-transferable and nobody else apart from the account holder...
SBI to investigate the Rs 2000 fake note dispensed from ATMSBI has pointed out that the complainant has not approved the bank regarding fake notes being dispensed from their ATM.
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.
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.
RBI directs banks to dispense more Rs 100 notes through ATMsThe Reserve Bank of India (RBI) has directed banks to ensure that at least 10% of their ATMs dispense `100 bank notes within the next 15 da...
RBI asks banks to ensure 10% of ATMs dispense Rs 100 notesThe central bank recently had conducted a review of steps taken by banks for installing ATMs dispensing lower denomination banknotes.
ET in the classroom: What is a 'White-label ATM'?RBI recently allowed non-banking companies to set up white-label ATMs in the country. ET explains how they differ from the usual bank-run c...
- Concern in Lok Sabha over ATMs dispensing fake notes
Concern was expressed over growing instances of counterfeit notes being dispensed by ATMs, with a member demanding that those running these...
Banks go slow on ATM rollout after govt move to centralize purchaseThe wait outside public sector bank ATMs is set to get longer with the banks putting on hold plans to install new cash dispensing machines ...