ATMs

2 bank employees exchange Rs 6 lakh without ID, get booked for cheating

Police in Hyderabad booked two employees of a bank for exchanging demonetised notes worth Rs 6 lakh without identification proof.

Nov 14, 2016, 14:11 PM IST

This is why filling up ATMs has become a challenge for banks

Filling around 200,000 automated teller machines with the new Rs 500 and Rs 2,000 currency notes nationwide is a mammoth task for the companies offering such services.

Nov 13, 2016, 15:20 PM IST

Demonetisation: Help people standing in queue at banks, Rahul Gandhi tells party workers

A day after standing in a queue at a bank, Congress Vice President Rahul Gandhi on Saturday appealed to his party workers and the youth of the nation to help people standing in queues at banks and ATMs due to the demonetisation move.

Nov 12, 2016, 21:26 PM IST

PM Modi hints at more action to expose black money hoarders

Hinting at more action to unearth black money, Prime Minister Narendra Modi today said those holding unaccounted money will not be spared and there is no "guarantee" that no further steps would be taken after December 30 till when people can deposit the demonetised notes.

Nov 12, 2016, 14:50 PM IST

Chetan Bhagat demands good execution of demonetisation move, says 'don't use patriotism as excuse for bad operations'

As banks and ATMs on continue to witness chaos, famous novelist Chetan Bhagat on Saturday opined, while demonetisation might be well-intentioned, the poor execution of an idea leads to problems for ordinary citizens.

Nov 12, 2016, 11:45 AM IST

SBI gets Rs 53,000 crore deposits till mid-day

SBI Friday said it has received deposits worth Rs 53,000 crore after the government scrapped Rs 500/1,000 notes and has exchanged currency worth about Rs 1,500 crore so far.

Nov 11, 2016, 17:18 PM IST

Gujarat: Long queues continue at banks, ATMs and POs

Panic-stricken citizens queued outside banks, post offices and ATMs across Gujarat on the second consecutive day to get new currency notes in exchange for their now defunct bills following Centre's move of demonetising Rs 500 and Rs 1,000 notes.

Nov 11, 2016, 15:01 PM IST

ATMs will start functioning from midnight with new currency notes: Arun Jaitley

Jaitley said there was no need to panic as there was sufficient cash and that ATMs would start functioning from midnight tonight.

Nov 10, 2016, 18:52 PM IST

Demonetisation of currency: Events as they unfolded on November 10, 2016

In a big relief for common man, banks re-opened on Thursday to dispense new notes in exchange for old Rs 500 and Rs 1,000 notes.

Nov 10, 2016, 09:50 AM IST

Banks re-open: Explained everything – from exchanging Rs 500, Rs 1000 notes to deposits, withdrawals and ATM transactions

With banks re-opening on Thursday after government ban on Rs 500, 1000 notes, people were seen rushing to their nearby banks to deposit cash, exchange their high denomination notes, but were seen facing many difficulties and had to return back, because of invalid or no documents.

Nov 10, 2016, 09:26 AM IST

Relief for Aam Aadmi! Banks to be open on Saturday and Sunday; new notes from Thursday

In a major relief for the common man, all banks across the country will remain open on this Saturday and Sunday for the conveniences of the customers.

Nov 09, 2016, 18:24 PM IST

State Bank of India to set up exchange centres, branches to be open till 6 pm

SBI Group which includes all its five subsidiaries has 55,000 ATMs and 7,000 cash deposit machines (CDMs). SBI alone has close to 17,000 branches and serves tens of millions of customers.

Nov 09, 2016, 17:26 PM IST

New currency notes to be available in ATMs from Friday: Govt

The new hard-to-fake Rs 500 and Rs 2,000 currency notes will be available at bank ATMs when they start operating again from Friday, Finance Secretary Ashok Lavasa said on Wednesday.

Nov 09, 2016, 14:34 PM IST

What Modi govt wants you to do with your Rs 500, Rs 1000 notes – Explained in simple steps

With Prime Minister Narendra Modi announcing that Rs 500 and Rs 1000 will no longer be legal tender from midnight Tuesday, that is 8th November 2016, crores of people are in a limbo as to what to do with the high denomination currency notes in their possession.

Nov 09, 2016, 09:24 AM IST

Govt notifies demonetisation of Rs 500, Rs 1,000 notes: How to use ATMs, make payments through cheques and demand drafts

Modi government's decision to ban currency notes of Rs 500 and Rs 1,000 has come as a huge shocker, with many questions lingering in one's mind.

Nov 09, 2016, 08:46 AM IST

Rs 500 and Rs 1,000 notes banned: Dos and Dont's

High denomination notes of Rs 500 and Rs 1000 will no longer be legal tender, Prime Minister Narendra Modi announced as he declared a "decisive" war against black money.

Nov 09, 2016, 07:58 AM IST

Banks to be closed on Wednesday, ATMs may not work too

Banks across the nation will be closed on Wednesday and ATMs are likely to be non-functional as the government makes move to replace the Rs 500 and Rs 1000 notes with new Rs 500 and Rs 2000 notes.

Nov 08, 2016, 22:27 PM IST

ATM security breach: Banks block over 32 lakh debit cards; Govt seeks details

In a move to safeguard their customers from any financial fraud in the wake of unprecedented ATM security breach, various public and private sector banks led by state-run State Bank of India have either recalled or blocked over 32 lakh debit cards.

Oct 20, 2016, 18:20 PM IST

Postal Dept to open 1,000 ATMs by March this year

The Department of Posts (DoP) plans to open 1,000 ATMs and bring all 25,000 departmental post offices under core banking system by March this year.

Jan 17, 2016, 17:34 PM IST