Tuesday, 6 December, 2022
TopicATMs

Topic: ATMs

RBI to penalise banks if ATMs run out of cash from 1 October

The scheme has been formulated over concerns of inconvenience caused to the public and to ensure that sufficient cash is available through ATMs, RBI said in a circular.

After water ATMs, Karnataka now plans 24×7 rice ATMs for ration card holders to end queues

Rice ATMs will dispense fixed amount of grains, with the govt planning to allow access to these machines through smart card or a biometric system instead of coins.

Banks are shutting down ATMs even as people use them more

The number of ATMs in the country shrank in the past two years despite an increase in transactions, Reserve Bank of India figures show.

Smartphones are the new credit cards as digital payments give cash a run for its money

More Indians are using their smartphones to make payments than swiping their debit and credit cards at stores.

RBI wants more Rs 200 notes in ATMs but banks want more Rs 200 notes in circulation first

Rs 200 notes are just 2.1% of total currency; banks say makes no sense to change ATMs until they rise to 15%.

RBI quietly buries Rs 1,000 notes even as ATMs struggle to dispense Rs 200 notes

Months after demonetisation, cash injection efforts still sluggish, experts warn it could affect economy. New Delhi: More than 18 months after demonetisation, efforts by the...

50 days became 500 but India is still suffering from demonetisation

When even the Gujarat CM blames the Centre, you know how bad things are. This is not the people’s impatience, this is the government’s incompetence.

‘Risky’ cash crunch pushes the government to defend scam-hit banks

Reasons for the squeeze range from farm spending to looming elections, but its roots lie in Modi’s 2016 decision to overnight void 86 percent of currency in circulation?

Plugged-In: Show us the money, FM; and another day, another child raped

https://youtu.be/NYhHXp1EIqk Front Page Ghost of demonetisation returns: Finance minister Arun Jaitley spent all of Tuesday answering why ATMs were still cash-strapped in at least six states,...

On Camera

YourTurn

File photo of smog in Delhi. Some doctors have called air pollution a bigger threat than Covid-19.| Photo: Suraj Singh Bisht | ThePrint

Air quality is better but not enough to banish air purifiers. Here are options for your room & car

What’s the solution for people who cannot leave Delhi? Air purifiers from Dyson's expensive range to Xiaomi's affordable ones can be of help.

NFRA to conduct audit quality inspections of five audit firms

New Delhi, Nov 16 (PTI) The National Financial Reporting Authority (NFRA) will carry out audit quality inspections of five audit firms, including the...

Defence

The Defence Services Staff College in Wellington | Image credit: dssc.gov.in

In a first, six women officers to enter prestigious Defence Services Staff College

As many as 15 women appeared for the examination, out of which six were selected, including one who has made it to the course along with her husband. 

Why military is more for asserting political will, not just about controlling territory

No matter what tactics, doctrine, or weapon system is used, the objective of any war is to control territory, argues Gen. MM Naravane (retd). But it's politics that matters most.