By Quaid Najmi, Mumbai : The Reserve Bank of India’s (RBI) announcement launching a new series of 100-rupee denomination notes has been greeted with trepidation by the major companies engaged in the manufacture and supply of Automatic Teller Machines (ATMs) ...
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Feed SubscriptionCurrent currency shortage could be superficial: SBI Report
Mumbai : Cash withdrawals from ATMs actually declined in the January-March quarter of last financial year on the sequential basis, implying the current shortage could be “superficial”, a report from State Bank of India said on Thursday. “Coming to withdrawals, ...
Read More »ATM operators seek higher ‘interchange rates’, customers may be hit
Mumbai : Bank customers may be hit as ATM operators have demanded higher “interchange rates” for ATM transactions to enable them to comply with recent stringent RBI guidelines, an industry body said here on Wednesday. Presently, all banks charge a ...
Read More »ATM malware has evolved to attack banks’ corporate network: Report
Bengaluru : ATM malware has evolved from requiring physical access to infect the machines to now successfully attacking network-based access using the bank’s corporate network, a new report said on Tuesday. Global cyber security solutions leader Trend Micro and Europol’s ...
Read More »It may take ATMs three months to dispense Rs 200 notes
By Meghna Mittal, New Delhi : While the RBI launched the 200-rupee note a week ago, it may take up to three months for ATMs to start dispensing the new denomination currency as it will involve a huge exercise of ...
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