ATM cash withdrawal

ATMs across banks will undergo a change starting from August 1,2021 according to RBI Mandate More adjustments were adopted in June following the Reserve Bank of India's (RBI) mandate, which saw the interchange fee for ATM cash…

The central bank will compensate banks for the increased interchange fee and the general increase in ATM operational costs. The Reserve Bank of India recently authorised banks to raise ATM fees levied on customers after their free…

The SBI has released a statement announcing that the new rules and regulations for the basic savings account holders will come into effect from July 1, 2021. The State Bank of India (SBI) has changed rules and regulations for cash…

The Currency in Circulation (CIC) has increased by 22% in 2020, as compared to the volume recorded in 2019. RBI has released important data, informing the growth in currency circulation by Rs 5,01,405 crore in a year’s time, between…

Bank Of Baroda, ICICI Bank, Axis Bank, PNB Will Charge Rs 150 For Cash Withdrawal, Rs 40 For Cash Deposit The Bank of Baroda has come up with some stringent rules for deposit and withdrawal of money beyond the prescribed limit. With…

If you are thinking of giving someone your ATM card to withdraw money, think again! If there is some problem during the transaction, you will lose the money and the bank will not be responsible for it. You might think sharing PIN…

RBI Starts Daily Reporting Of Payments: UPI, NEFT Usage 1300% More Than Cash! We all are well familiar with the phrase, “Cash is King”. Maybe this is the right time to unlearn the statement? The new data released by the RBI may…

Coronavis Scare: Indians Withdraw Rs 53,000 Crore From ATMs In Panic; Highest Withdrawal In 16 Months The Covid-19 pandemic has not only affected the tech sector, which we have been fervently covering since the past few months but also…

Coronavirus: ATM Cash Withdrawal Becomes Free; Income Tax Filing Date Extended, No Need To Link PAN-Aadhaar By March 31 In view of the coronavirus outbreak, Govt of India and Finance Ministry has announced several new measures to help…

On Tuesday, a 23-year-old cab driver from Delhi was arrested by the city police with his associate, both are accused of robbing money from ATMs which are not guarded by security guards. How Did This Happen? As per the information…