Atms To Shut Down

The public Sector banks (PSB) have no plans to shut down 50 per cent of their ATMs in the country, Minister of State for Finance Shiv Pratap Shukla told the Lok Sabha on Friday.

ATM shutdown in India: Closure of ATMs may result in considerable job losses that would be detrimental to financial services in the economy as a whole, said CATMi, a registered non-profit trade association.

Nearly 50 per cent of Automated Teller Machines (ATMs) may be shut down by March 2019 due to unviability of operations, hitting hard both urban and rural population, and dealing a blow to the digitization policy, the Confederation of ATM Industry (CATMi) warned on Wednesday.

Questions are swirling over who is responsible for the security flaws exploited by hackers in the world's biggest ransomware attack to date, which crippled thousands of businesses and public organizations around the world. Here are some answers:

After bailout talks between the leftwing government and foreign lenders broke down at the weekend, the European Central Bank froze vital funding support to Greece's banks.

He said banks have already resorted to activities like shutting some ATMs in odd-hours, and added IBA has made a representation to RBI for increasing the inter-bank fee from Rs 15 to Rs 18 per transaction and also to scale down the monthly free transactions for a savings bank account holder to five per month.

The public Sector banks (PSB) have no plans to shut down 50 per cent of their ATMs in the country, Minister of State for Finance Shiv Pratap Shukla told the Lok Sabha on Friday.

ATM shutdown in India: Closure of ATMs may result in considerable job losses that would be detrimental to financial services in the economy as a whole, said CATMi, a registered non-profit trade association.

Nearly 50 per cent of Automated Teller Machines (ATMs) may be shut down by March 2019 due to unviability of operations, hitting hard both urban and rural population, and dealing a blow to the digitization policy, the Confederation of ATM Industry (CATMi) warned on Wednesday.

Questions are swirling over who is responsible for the security flaws exploited by hackers in the world's biggest ransomware attack to date, which crippled thousands of businesses and public organizations around the world. Here are some answers:

After bailout talks between the leftwing government and foreign lenders broke down at the weekend, the European Central Bank froze vital funding support to Greece's banks.

He said banks have already resorted to activities like shutting some ATMs in odd-hours, and added IBA has made a representation to RBI for increasing the inter-bank fee from Rs 15 to Rs 18 per transaction and also to scale down the monthly free transactions for a savings bank account holder to five per month.