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ATM transaction

ATM TRANSACTION NEWS

ATM dispenses 5 times extra cash in Maharashtra; people rush to withdraw money

June 16, 2022 11:54 am

The ATM experienced a technical glitch and was dispensing currency notes of Rs 500 denomination instead of Rs 100 denomination.

Card-less cash withdrawal facility across all banks' ATM network soon: RBI

April 08, 2022 1:02 pm

It is proposed to enable customer authorisation through the use of Unified Payments Interface (UPI) while settlement of such transactions would happen through the ATM networks, a statement on Developmental and Regulatory Policies said.

Banks cannot charge for failed transactions, balance enquiry: RBI

August 16, 2019 8:01 am

In a circular issued on Wednesday, the central bank stated that transactions that fail due to technical reasons like hardware, software, communication issues; non-availability of currency notes in the ATM will not be counted as valid ATM transactions for the customer.

As banks plan more charges, reduce your ATM dependence

November 24, 2014 12:04 am

The six cities that RBI has identified as metros for the same are —Mumbai, New Delhi, Chennai, Kolkata, Bangalore and Hyderabad.

ATM transactions: Banks cap your PIN

January 05, 2011 2:56 pm

Another security measure by banks will lead you to spend more time inside the ATM booth.

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