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Cabinet allows 100% FDI under automatic route for white label ATMs

Last Updated: Wednesday, September 9, 2015, 17:12

The Cabinet on Wednesday permitted 100 percent foreign direct investment (FDI) under the automatic route for white label ATM operations, a move that is aimed at promoting financial inclusion.

SBI plans to add 8,000 more ATMs this fiscal

Last Updated: Wednesday, April 15, 2015, 20:54

State Bank of India (SBI) on Wednesday said it is looking to add another 8,000 ATMs for both accepting and dispensing cash, with a view to ramping up its existing network.

Poor show by SBI, 13 others in installing new ATMs: FinMin

Last Updated: Sunday, February 22, 2015, 13:15

The government had given a target to the 27 state-owned banks to set up 19,994 ATMs in the current fiscal and by December end they have managed to cross the halfway mark (10,511).

Govt to approach RBI to prepare security plans of banks, ATMs

Last Updated: Thursday, December 4, 2014, 21:01

With an aim to ensure foolproof security at city's banks and ATMs, Delhi government has decided to approach Reserve Bank of India (RBI) and private security agencies to prepare a blueprint of security plans for them.

Duo arrested for duping people at ATMs in Delhi

Last Updated: Saturday, February 1, 2014, 00:18

A 20-year-old girl student and her accomplice have been arrested for allegedly robbing people after misguiding and duping them while making ATM transactions in Delhi.

Windows XP's death to impact 95% of world's ATMs

Last Updated: Tuesday, January 21, 2014, 19:42

An upcoming Windows XP support change from Microsoft will result in upgradation of ATMs around the world.

SBI says ATM ops in losses, supports idea charging customers

Last Updated: Sunday, January 12, 2014, 13:39

SBI has the largest network of ATMs.

Need hi-tech gadgets, more security guards at ATMs: Assocham

Last Updated: Friday, November 22, 2013, 17:43

A study by the industry chamber revealed that ATMs across the country are facing a massive shortfall of 1.5 lakh security guards.

Odisha: 60 ATMs still out of order in Ganjam district

Last Updated: Tuesday, November 19, 2013, 15:13

Over 60 ATMs of different banks, which were damaged in cyclone Phailin in Ganjam district of Odisha, are yet to be repaired, official sources said on Tuesday.

CMS wins contract worth Rs 450 cr, to deploy ATMs

Last Updated: Friday, October 18, 2013, 18:14

CMS said it will be installing ATM's manufactured by Nautilus Hyosung of Korea.

ATMs may run dry on shortage of guards this festival season

Last Updated: Sunday, October 6, 2013, 20:41

The number of armed security guards in cash handling agencies have come down to one-third of what it was 6 months ago hitting the logistics operations, as per an industry estimate.

Muthoot Finance to set up 250 ATMs in next 3 months

Last Updated: Sunday, September 8, 2013, 10:46

"We have in-principle approval from the RBI. We have identified locations in two states and intends to operationalise 250 ATMs by December," Muthoot Finance Chief General Manager K R Bijimon said.