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RE CALIBRATED ATMS
Fuel stations upgrade dispensers to display three-digit ratesPetrol price rose to Rs 90.22 a litre and diesel Rs 78.69 in Mumbai on Monday. In Delhi, petrol and diesel were sold for Rs 82.86 and Rs 74...- View: A cash crunch is the ugly face of India's bank morassEconomists say that Indian banking mess runs deeper than they previously thought.
- 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.
- Surgical action being conducted on cash hoarders: Shaktikanta DasHe said that the intial focus was to supply Rs 2000 notes to replace value that was taken out of the market but now the focus is on printin...
- Banks back to work after three-day break, so are queuesPeople thronged the banks since morning, some of them even standing in queue as early as 6 o'clock, to access their funds, over a month aft...
- Cash crunch continues in KolkataEven after three weeks of demonetisation, serpentine queues were seen outside banks during the day as branches would be shut on Sunday.
- 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.
- 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.
- Supreme Court notice to petitioners challenging demonetisationThe Centre had approached the apex court seeking transfer of the cases, contending that proceedings in various courts were creating difficu...
- Supreme Court to hear plea Wednesday on transferring demonetisation casesThe Centre has sought the transfer of about eight to 10 matters challenging the demonetisation of Rs 500 and Rs 1,000 currency notes.
- No respite from queues, chaos; ATMs grapple with cash shortageBranches and ATMs at seat of power like Parliament House, Finance Ministry and other ministries also have long queues for the withdrawal.
- 95% of SBI group ATMs fully functional: SBIThe bank is procuring indelible ink and from tomorrow, it will be using them to manage crowd and prevent people from making many exchanges.
- Currency ink, silver thread supplier same for Pakistan: Asaduddin OwaisiHe said ample time was given to the people when there such a move (demonetisation) in the Philippines, as also in Europe when Euro was intr...
- Using ATM-finding apps, portals to solve cash crunch? Help may be limitedThere's a possibility that after finding a working ATM on a portal, by the time you get to it and your turn comes, there is no money left i...
- 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.
- Reserve Bank of India announces task force to re-calibrate ATMsDispensation of notes to ATMs has been an issue for the last three days after the old Rs 500 and Rs 1,000 notes were pulled out from circul...
- Finance Ministry holds review meeting taking stock of the availability of cashMany ATMs across NCR remained defunct even on the fourth day of currency ban as the masses emptied the ATMs within half an hour of their re...
- 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,...
- ATMs go dry soon after opening; queues continue at banksMany ATMs ran out of cash in couple of hours as there were heavy rush to withdraw lower denomination currency.
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