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Higher ATM Fees, Rural Bank Mergers: Here's What Will Change Starting May 1, 2025
The most prominent change remains the revised framework for ATM transaction charges, in addition to government pushing for the merger of rural banks.
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50% ATMs In India May Shut Down By March Next Year, Says Report
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.
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No Refill In ATMs After 9 pm From Next Year, 4 pm For Maoist-Hit Areas
ATMs will not be replenished with cash after 9 pm in cities and after 6 pm in rural areas, the government has declared in new rules that will be in place from February next year.
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Highlights: PM Modi Inaugurates Bidar-Kalburgi Railway Line, Flag Off Train Services
Prime Minister Narendra Modi, who is in Karnataka today, offered prayers at the famous Lord Manjunatha Swami temple at Dharmasthala. He then attended a function organised by the Sri Kshetra Dharmasthala Rural development Project in the temple town in Dakshina Kannada district. The prime minister symbolically launched the distribution of RuPay Cards...
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SBI Minimum Balance And ATM Withdrawal Rules You Need To Know
Customers holding SBI savings bank accounts in metro, urban, semi-urban and rural branches need to pay different penalty amounts for non-maintenance of monthly average balance.
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Focus Now On Printing 500 Notes, Says Government: Highlights
The government today said that the new 500 and 2,000-rupee notes have been completely designed in house and so their security features are very secure.
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Almost 85% ATMs Recalibrated For New Notes Till November 30: Government
Almost 85 per cent of country's cash dispensing machines had been recalibrated to fit the new notes till November 30 and the government has also advised banks to set up micro ATMs in rural areas to meet the cash need post demonetisation, Parliament was informed today.
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What are Micro ATMs, What they Do, and How They Could Help Solve the Cash Crunch
Here's a primer on what micro ATMs are, and how they will solve the cash crunch in rural areas.
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Cash-Driven Rural India Grapples To Keep Up With Black Money Chase
In a largely cash-driven rural India, the government's surprise move to scarp Rs 500 and 1,000 notes to check black money crisis has hit people hard as some of them even don't have bank accounts and are scrambling to get cash to meet their daily needs.
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Water ATMs In Kolkata, To Be Installed In Bengal Villages Soon
Kolkata has a water ATM - a coin-operated machine that sells a litre of clean drinking water for two rupees, way cheaper than what's available in the markets right now. The water ATM is a pilot for a government project to put up such ATMs in rural areas where drinking water is scarce.
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At Karnataka's 'water ATMs', 10 litres of water for Rs 1
The Indian rupee may be crashing globally, but in a suburb in Banglore, just Rs 1 can fetch ten litres of clean drinking water. And the facility comes without hassles of standing in long queues. Kanakapura has got what locals call, 'Water ATMs'.
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Teller-ATM hybrid takes banking to rural India
Time was, banks employed armies of human tellers. Later, they replaced many of them with automated teller machines. Now, India is using a hybrid of the two - the human ATM - to expand banking to its vast rural population.
-
Higher ATM Fees, Rural Bank Mergers: Here's What Will Change Starting May 1, 2025
The most prominent change remains the revised framework for ATM transaction charges, in addition to government pushing for the merger of rural banks.
-
50% ATMs In India May Shut Down By March Next Year, Says Report
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.
-
No Refill In ATMs After 9 pm From Next Year, 4 pm For Maoist-Hit Areas
ATMs will not be replenished with cash after 9 pm in cities and after 6 pm in rural areas, the government has declared in new rules that will be in place from February next year.
-
Highlights: PM Modi Inaugurates Bidar-Kalburgi Railway Line, Flag Off Train Services
Prime Minister Narendra Modi, who is in Karnataka today, offered prayers at the famous Lord Manjunatha Swami temple at Dharmasthala. He then attended a function organised by the Sri Kshetra Dharmasthala Rural development Project in the temple town in Dakshina Kannada district. The prime minister symbolically launched the distribution of RuPay Cards...
-
SBI Minimum Balance And ATM Withdrawal Rules You Need To Know
Customers holding SBI savings bank accounts in metro, urban, semi-urban and rural branches need to pay different penalty amounts for non-maintenance of monthly average balance.
-
Focus Now On Printing 500 Notes, Says Government: Highlights
The government today said that the new 500 and 2,000-rupee notes have been completely designed in house and so their security features are very secure.
-
Almost 85% ATMs Recalibrated For New Notes Till November 30: Government
Almost 85 per cent of country's cash dispensing machines had been recalibrated to fit the new notes till November 30 and the government has also advised banks to set up micro ATMs in rural areas to meet the cash need post demonetisation, Parliament was informed today.
-
What are Micro ATMs, What they Do, and How They Could Help Solve the Cash Crunch
Here's a primer on what micro ATMs are, and how they will solve the cash crunch in rural areas.
-
Cash-Driven Rural India Grapples To Keep Up With Black Money Chase
In a largely cash-driven rural India, the government's surprise move to scarp Rs 500 and 1,000 notes to check black money crisis has hit people hard as some of them even don't have bank accounts and are scrambling to get cash to meet their daily needs.
-
Water ATMs In Kolkata, To Be Installed In Bengal Villages Soon
Kolkata has a water ATM - a coin-operated machine that sells a litre of clean drinking water for two rupees, way cheaper than what's available in the markets right now. The water ATM is a pilot for a government project to put up such ATMs in rural areas where drinking water is scarce.
-
At Karnataka's 'water ATMs', 10 litres of water for Rs 1
The Indian rupee may be crashing globally, but in a suburb in Banglore, just Rs 1 can fetch ten litres of clean drinking water. And the facility comes without hassles of standing in long queues. Kanakapura has got what locals call, 'Water ATMs'.
-
Teller-ATM hybrid takes banking to rural India
Time was, banks employed armies of human tellers. Later, they replaced many of them with automated teller machines. Now, India is using a hybrid of the two - the human ATM - to expand banking to its vast rural population.
