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CASH DISPENSER
Wage, fuel spike hit ATM cash services in four statesThe one-day disruption affected ATM uptime and cash availability across the four states, with intermittent service gaps reported as regular...- FM Nirmala Sitharaman calls for enhanced NRI outreach to sustain foreign currency mobilisation momentumFinance Minister Nirmala Sitharaman urged banks to enhance outreach to Non Resident Indians. Banks are offering attractive returns on forei...
- The ATM story: Banks move to cash recyclers from just dispensersMore than 15,000 ATM units are expected to come up for request for proposals (RFPs) for cash recyclers, with nearly 77% of these belonging ...
- AI bubble won't tell you who's naked till the tide goes out. Warren Buffett explained why 25 years agoWarren Buffett said you only find out who is swimming naked only when the tide goes out. The year he wrote this in his annual letter to sha...
- ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...
- Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
- We still need cash in ATManirbhar BharatDespite the rise of digital payments, cash remains essential, yet ATMs are increasingly running out of money. Banks are reducing their ATM ...
- Cash withdrawals from ATMs on riseA recent report indicates a continued rise in ATM cash withdrawals, with some states experiencing up to 8% growth. The average cash dispens...
- Cash still matters in the digital world: ReportDespite the rise of digital payments, ATM cash withdrawals are increasing, particularly in states like Bihar and Uttar Pradesh, with CMS In...
- 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 "...
- 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...
- Availability of cash-dispensing ATMs continues to worsen: SurveyDelhi recorded the highest availability of cash- dispensing ATMs, with only 11 per cent unable to find money in ATMs during the mentioned d...
- Dry ATMs dispensing more disappointment than cashAverage waiting period across ATMs seem to be between two and four hours across the major cities.
- Dry ATMs dispensing more disappointment than cashAverage waiting period across ATMs seem to be between two and four hours across the major cities.
- SBI pumps money in POS devices as cash pipeline dries-upSeeking to reach out to maximum number of people looking to withdraw money, State Bank of India today said it is providing cash through POS...
- Cash-for-card at 5,000 petrol pumps but currency still a hurdleThere are 56,190 petrol pumps in the country, including those run by private oil companies that have not been allowed to offer the cash-dis...
- Here is a list of the petrol pumps dispensing cashSwipe your debit card at petrol stations run by state-run oil companies and you will get Rs 2,000.
- How ATMs became holy shrines overnight post demonetisationFrom mere 800 ATMs in 1999 to their indispensable status in Indian society today, these cash-vending machines have come a long way.
- Demonetisation: 700 petrol pumps start dispensing cashCap of Rs 1 lakh per petrol pump means only 50 people can be served.
- 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 ...
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