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Srei to roll out ATMs in FY14

Last Updated: Friday, July 5, 2013, 12:31

Srei Infrastructure Finance Ltd will begin rolling out white-label automated teller machines (ATMs) with 100 of them on a trial basis this fiscal, even as it awaits its banking licence.

Federal Bank hires Tata Comm to install 15,000 ATMs

Last Updated: Monday, June 24, 2013, 21:06

This is the first such tie-up between a lender acting as a sponsor bank and a private company after RBI announced its white label automated teller machines norms.

Maharashtra to get 15,000 micro-ATMs from Centre for rural inclusion

Last Updated: Sunday, June 23, 2013, 13:15

In order to facilitate financial inclusion of people from remote areas in the state, Maharashtra will get around 15,000 micro-ATMs from Centre.

29 Axis bank accounts hacked, Rs 13 lakh withdrawn from ATMs

Last Updated: Saturday, June 15, 2013, 08:41

Some of the policemen in the city had received SMS messages that cash has been withdrawn from their Axis bank accounts in euro currency, police said.

RBI allows Tata Comm subsidiary to set up white label ATMs

Last Updated: Friday, May 3, 2013, 22:57

The Reserve Bank has allowed Tata Communications Payment Solutions, a subsidiary of Tata Communications, to set up and operate White Lable ATMs in the country.

Concern in LS over ATMs dispensing fake notes

Last Updated: Tuesday, December 4, 2012, 14:48

Concern was expressed over growing instances of counterfeit notes being dispensed by ATMs.

ATMs cross 1-lakh mark in Oct; SBI Group controls 59%

Last Updated: Tuesday, November 13, 2012, 15:57

The National Payments Corporation (NPCI) Tuesday said the banking system has reached a landmark of 1 lakh ATMs (automated teller machines) at the end of October.

Smart ATMs to count cash, read cheques and credit in real time

Last Updated: Monday, October 29, 2012, 18:07

New smart ATMs that can count your cash, read the cheques and credit it to your account immediately at any hour are on the way.

One lakh ATMs in next 4 years: Study

Last Updated: Sunday, October 21, 2012, 12:18

The country is likely to see addition of over 1 lakh ATMs in the next four years with banks expanding their rural and semi-urban network towards achieving greater financial inclusion, according to a study.

Bank ATMs stop sucking in cash after RBI direction

Last Updated: Sunday, September 23, 2012, 17:35

Most of the banks, including HDFC Bank, Axis Bank and Canara Bank, have already removed the cash retraction facility from all their ATMs.

1/3rd of new ATMs should be visually-challenged friendly: RBI

Last Updated: Wednesday, September 5, 2012, 22:24

Taking serious note of difficulties faced by visually challenged persons in accessing banking services, RBI on Wednesday asked banks to ensure that one-third of new ATMs installed are talking machines with Braille keypads.

Penetration of ATMs, card usage very low, says RBI

Last Updated: Friday, August 3, 2012, 18:42

Penetration of ATMs in the country is still very low compared to other emerging markets even as the number of automated teller machines is increasing by nearly 25 per cent every year, the Reserve Bank said on Friday.