Tag: Atms

RBI has decided to charge penalties on banks for non-availability of cash in ATMs

Baripada: Unidentified miscreants allegedly looted cash worth Rs 15 lakh from four different ATMs in Mayurbhanj district on Saturday night. All the four ATM machines at Axis Bank at Tulasichaura, United Bank of India at  Palabani, UBI at Astia and Bank of India at Station Bazar have been looted in a similar fashion using gas […]

Bhubaneswar: BJD’s MP from Kendrapara, Baijayant Panda today came out in the support of the demonetisation move. However, he showed  his concern saying that one has to also be sensitive to the difficulties being faced by the people on account of the ban on old Rs 500 and Rs 1000 notes. Also Read: Baijayant reviews […]

Bhubaneswar: Taking note that the people in rural areas are facing difficulties in getting new notes in exchange of the old notes, the Odisha government has decided to provide banking services in panchayat offices very soon. A decision to this effect was taken at a high level meeting presided over by chief secretary Aditya Prasad […]

Bhubaneswar: Taking note of the panic by the people due to the sudden announcement by the Centre on demonetisation of Rs 500 and Rs 1000 currency notes last night, the Odisha government has decided to step up early measures to bring the situation under control. Talking to media persons today, Director General of Police (DGP) […]

Pune: The banking sector was rattled again when hackers siphoned off a whopping Rs 94.42 crore from the Cosmos Cooperative Bank Ltd – the second oldest and second biggest cooperative bank in India – to foreign and domestic bank accounts, officials said on Tuesday. Shockingly, the Cosmos Bank admitted that it was “cyber-attacked twice, first […]

Bhubaneswar: There was no let-up in the rush for withdrawing money and exchanging demonetised notes in several cities of Odisha, as serpentine queues in front of banks and ATMs were a common sight even on Sunday. Anxious people formed queues at banks to exchange and deposit their demonetised Rs 500 and Rs 1,000 notes and […]

Bhubaneswar: Small traders and common people were facing severe hardship after demonetisation of Rs 500 and Rs 1,000 notes even though ATMs opened on Friday after a two-day closure. Long queues were witnessed at banks and ATMs as people rushed to get new bank notes. However, they faced difficulties in withdrawing money at hundreds of […]

New Delhi: The number of ATMs in India dropped to 2,21,703 as on March 31, 2019 from 2,22,300 at the end of 2017, recording a decrease of 597 ATMs during the period, according to a report released by the Reserve Bank of India. India also has one of the lowest ratios of ATM cash withdrawal […]

Bhubaneswar: With cyber fraudsters on the prowl for their next targets round-the-clock, people need to be extra cautious while doing all their monetary transactions online as well as at various ATM kiosks. The State Bank Of India (SBI) has released important safety tips for users to keep their ATM debit card and PIN ‘protected’. The […]