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Automated Teller Machines News

currency shortage

17 Apr 2018

No currency shortage, printing of notes ramped up, says RBI

An unusual spurt in currency demand in states like UP, MP, AP as well as poll-bound Karnataka led to dry ATMs in several parts of the country.

14 Nov 2016

No complaints! Proud to work for my country, say staff who refill ATMs

Pummelling the Congress and other parties which are opposing demonetisation, Prime Minister Narendra Modi on Monday said the corrupt were upset while the poor were "enjoying a sound sleep" after his decision.

03 Nov 2016

SBI to install 7,070 more ATMs; to be equipped with anti-fraud security solutions

In an ambitious expansion plan involving its ATM network, the State Bank Of India will install 7,070 NCR SelfServ 22e Automated Teller Machines across India over the next seven years, an official said.

Maharashtra postal circle

06 Nov 2015

Maha postal circle to install 75 ATMs by November-end: Official

Out of 75 ATMs, 17 would be installed in Mumbai region, 17 in Aurangabad, 14 in Goa, 16 in Nagpur and 11 in Pune.

27 Sep 2015

IDFC Bank mulls having no ATMs, free service at other machines

As it prepares to launch its banking services with motto to become "hatke bank", IDFC Bank is contemplating a low capex move of not having its own ATMs and making transactions at rivals' ATMs free for customers, a senior official said.

02 Nov 2014

Banks yet to restrict free ATM transactions in metros

Leading banks like SBI, ICICI Bank, HDFC Bank and Axis Bank have not yet announced any cap on free transactions.

01 Nov 2014

Free ATM transactions to be curtailed from today

As per the new RBI guidelines, a customer will have to pay a fee of Rs 20 per transaction for using the Automated Teller Machines (ATMs) beyond the permitted number of 3, down from 5.

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