ATMs

Nearly 90% of ATMs across India recalibrated to dispense Rs 500, Rs 2000 notes

Even as millions of people continue to face acute cash shortate, a key maker of ATMs have informed that almost 1.85 lakh or 90 percent of the 2 lakh machines deployed across the country have been recalibrated and will dispence the new Rs 2000 and Rs 500 notes soon.

Dec 01, 2016, 17:52 PM IST

Planning to withdraw salary on December 1? Sorry, ATMs are still dry

It's that time of the month when central and state governments, MNCs across the country will credit salaries and pensions into millions of bank accounts bringing a smile on the face of employees.

Nov 29, 2016, 19:34 PM IST

82,500 ATMs recalibrated to dispense new Rs 2000 and Rs 500 notes

As many as 82,500 ATMs, which account for about 40 percent of cash vending machines in the country, have been recalibrated to dispense new high security currency notes of 500 and 2,000 rupees.

Nov 22, 2016, 17:57 PM IST

Centre forms panel to assess status of Rs 5,00 and Rs 1,000 note ban

The Centre on Tuesday constituted a committee comprising Additional Secretaries, Joint Secretaries and Directors to know the status of implementation of its recent decision to scrap 500 and 1000 rupees currency notes.

Nov 22, 2016, 15:11 PM IST

Beware! Thieves lurking at ATMs, video of this girl stealing money goes viral - WATCH

This shocking CCTV footage shows how the girl managed to escape unnoticed after stealing money from a customer at an ATM.

Nov 18, 2016, 22:22 PM IST

'Bachelors' in BJP did not realise it was wedding season: Ramdev's humorous take on Centre's currency ban

While the Centre has taken a number of calibrated measures aimed at easing the pressure on the common man, its decision to ban the old currency notes of Rs 500 and 1000 has still affected some families organising weddings this season.

Nov 18, 2016, 19:04 PM IST

Unsung heroes: Bank staff who work overtime to provide you with cash!

While millions are struggling to deposit or exchange the demonetised currency and withdraw money from banks, it is the staff of nationalised and private banks who are facing the brunt of the government move to spike the Rs 500 and Rs 1,000 notes.

Nov 18, 2016, 17:15 PM IST

Demonetisation: Don't hoard currency; sufficient notes in supply, assures RBI

The Reserve Bank on Thursday asked people not to hoard currency as there is sufficient supply of notes, even as banks struggled to manage the rush of people thronging branches across the country to exchange the scrapped high denomination 1,000 and 500 rupee notes.

Nov 17, 2016, 16:03 PM IST

Discussion on the expectation of cheap homes by demonetization

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Nov 17, 2016, 13:23 PM IST

Bank exchange limit reduced to Rs 2,000 from Rs 4,500: 10 big developments

DEA Secretary Shaktikanta Das, addressing a press conference in the National capital, made several announcements today --Here are 10 big developments.

Nov 17, 2016, 11:51 AM IST

Demonetisation: Exchange limit reduced to Rs 2,000 from tomorrow; Rs 2.5 lakh can be withdrawn for wedding

Even as government looked at ways of augmenting supply of new 2000 and 500 rupee notes, which have been introduced in place of the scrapped older higher denomination Rs 500/1000 notes, government has decided to reduce exchange limit allowed per person.

Nov 17, 2016, 10:53 AM IST

Demonetisation: Half of ATMs to be recalibrated by next week to dispense the new Rs 500 and Rs 2,000 notes

Currently, the ATM withdrawal limit from savings bank accounts stands at Rs 2,500 a day, but most ATMs are dispensing only Rs 2,000 notes or Rs 100.

Nov 16, 2016, 21:05 PM IST

Searching for ATMs with cash? This website help you locate one!

www.cashnocash.com updates real time statistics based on the users' feedback and lets you know which ATM has cash, which has long queues and which has gone cash-dry.

Nov 15, 2016, 18:24 PM IST

'Test of patriotism', tweets BJP's Ram Madhav amid scramble for cash withdrawal, currency exchange at banks, ATMs

As people formed serpentine queues overnight outside ATMs and banks to withdraw cash and exchange old currency notes, senior BJP leader Ram Madhav tweeted on Tuesday about "patriotism" in testing times.

Nov 15, 2016, 10:00 AM IST

Micro ATMs will soon be installed throughout country

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Nov 15, 2016, 00:33 AM IST

Enough cash available, assures government; hikes withdrawal limit of current accounts to Rs 50,000

Allaying fears of shortage, the Finance Ministry Monday said there is enough cash in the system and delivery channels are being augmented across the country to help cash-starved citizens.

Nov 14, 2016, 17:38 PM IST

No complaints! Proud to work for my country, say staff who refill ATMs

Pummelling the Congress and other parties which are opposing demonetisation, Prime Minister Narendra Modi on Monday said the corrupt were upset while the poor were "enjoying a sound sleep" after his decision.

Nov 14, 2016, 17:35 PM IST

Govt goes on overdrive to ease cash flow, sets up task force to expedite recalibration of ATMs

Government has set up a task force under the chairmanship of RBI Deputy Governor S S Mundra to ensure that ATMs across the country are ready to dispense higher denomination notes in the shortest time.

Nov 14, 2016, 17:19 PM IST

Did banks ignore RBI order on Rs 100-ATMs before demonetisation?

In anticipation of the huge demand for lower currency notes, ahead of the demonetisation move, the Reserve Bank of India had asked banks to set up Automated Teller Machines which dispensed only Rs 100 notes.

Nov 14, 2016, 16:58 PM IST

Demonetisation: FinMin begins daily review exercise to ease cash crunch

Nearly a week after the government withdrew Rs 500 and Rs 1,000 notes as part of a crackdown against blackmoney and corruption, queues outside banks and ATMs have only got longer.

Nov 14, 2016, 16:32 PM IST