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What Are Micro-ATMs?
As the name suggests these are a smaller version of full-fledged ATM machines and are in general found in mobile and distant locations. These enable basic services such as balance enquiry, cash withdrawal and deposits Features of Micro-ATMs These ATMs via ...
Charges On Using Other Bank ATMs May Soon Change
Along with announcing its stance on the monetary policy review, the Reserve Bank of India (RBI) said that it will setting up a committee to review the ATM interchange fee structure. This is a fee the customers pay on using their ...
Charges On Using Other Bank Atms May Change Following Review
ATMs In India Are Closing Down
Despite the constant demand for cash withdrawals across the country, the number of ATMs operating in India are falling. Figures released by the Reserve Bank of India (RBI) last week showed the number has fallen in the last two years. ...
ATMs Won't Shut Down But Withdrawing Cash Could Get Expensive
Back in December, the ATM industry said that they would shut down nearly 50 percent of the ATMs in the country by March 2019 as maintaining them was not profitable with an increase in operational costs on complying with RBI's additional rules. ...
Public Sector Banks Do Not Plan On Shutting Any ATMs: Govt
Public Sector Banks (PSBs) are not planning on shutting down their ATMs said Shiv Pratap Shukla, the Minister of State for Finance as he informed the Parliament. The statement comes after a recent warning given by the Confederation of ATM Industry ...
Public Sector Banks Do Not Plan On Shutting Any Atms Govt
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