In the first such incident in Srinagar, unidentified men made away with Rs 14 lakh from an Automatic Teller Machine (ATM) in a high security area after decoding the digital code.
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The world's first publicly accessible ATM machine which can exchange digital currency - bitcoins - for any official currency has been launched in Canada by a group of young entrepreneurs.
'No cash,no problem,' says Aparna Verma who has survived without cash from the time PM Modi announced the 'note ban'.
Six nationalised banks, including Canara Bank and Bank of Baroda, on Wednesday signed an agreement with Indian Railways for setting up more than 700 ATMs at railway stations across the country.
Large banks across the country might be crying foul on the recent suggestion of the Reserve Bank India (RBI) to do away with the charge on inter-bank ATM usage, but the Kolkata-based banks have largely welcomed the move.
At other bank ATMs, the customers of these banks will be charged beyond three transactions.
ICICI Bank will ensure that all ATMs and branches have enough cash in the wake of 'panic withdrawals' through ATMs by customers in a few cities of Gujarat.
The Reserve Bank has allowed urban cooperative banks (UCBs) to open ATMs at places other than their branches without its prior approval.
ATMs are on their way to becoming a one-stop shop for most banking services. Here's what your ATM can do for you.
Banks with a large ATM network were crying foul over the free ATM usage after RBI, in its draft approach paper on ATMs of banks, had said the use of ATMs of own banks for any purpose and of other bank ATMs for balance enquiries should be free of cost with immediate effect.
Off-site ATMs are set up on a standalone basis.
ICICI Bank has inked a pact with the Jammu and Kashmir Bank to share ATM network, providing the customers of both the banks access to about 2,000 ATMs in the country.
Most bank customers in Delhi feel that ATMs are a more secure self-service banking channel than Net and phone banking.
Many banks are contemplating to set up additional counters for withdrawal to meet the rush
Experts say RBI's norm on deploying a guard is loosely worded and it is discretionary for banks to have all ATMs manned.
Now you can withdraw money and simultaneously get your passbook updated at the automated teller machine (ATM) instantly.
The central bank might ensure that the new series of banknotes with more robust security features be introduced as early as possible.
Union Bank of India, Canara Bank, Andhra Bank, Saraswat Co-operative Bank and YES Bank have come together to allow inter-bank fund transfers through debit cards.
'Our unsecured loan is not exactly unsecured. It is backed by cash flow of customers.'
Life Insurance Corporation of India has tied up with UTI Bank to provide their common customers the facility to pay premium by using the private sector bank's ATMs in the country.
In a gruesome incident, a 38-year-old woman bank official was attacked with a lethal weapon by a man in an ATM kiosk in the heart of the city, leaving her in a pool of blood with severe head injuries on Tuesday.
Five persons were arrested on Monday in connection with the sensational Rs 5.50 crore heist from an ATM van at D block Defence Colony market.
A regional bank in Japan today started operating ATMs for cash withdrawals, deposits and balance inquiries that do not require plastic cards but instead identify account holders by scanning their hands.
An ICICI Bank executive said the latest revision in charges is being effected to offset a hike in overseas partner banks/financial institutions fees for this type of service.
UTI Bank and Andhra Bank have entered into an agreement for sharing ATMs in the country.
In a two-way tie up with two leading private sector banks, State Bank of India has forged one of the biggest alliances to share ATM networks.
The service will be available through its 1,000-plus ATMs spread across the country. The bank has received an approval from the Central Board of Direct Taxes for this facility in the country.
An RBI official said the supply of currency was adequate in the states facing a crunch at ATMs but the logistic issues led to the present situation
Any time double money! A faulty ATM in the United Kingdom started dispensing double the amount requested as people squabbled with each other to avail the sudden windfall.
Customers will be offered five free third-party withdrawals per month.
The police are yet nab the man who brutally attacked a lady 12 hours ago in an unguarded ATM kiosk in Bengaluru. The assault was captured on CCTV camera.
The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.
The people of India have 50 days, from November 10 to December 30, to deposit notes of Rs 500 and Rs 1,000 in any Bank or Post Office.
Let's take a look at how many ATMs countries in emerging markets have and how many use mobile phone to receive money.
Following market regulator Sebi's decision to allow the bank to open fresh demat accounts, HDFC Bank on Friday said it has also received approval from the Reserve Bank for setting up additional branches and ATMs.
ATM cards can help you order a chequebook at your doorstep, get mini statements, pay utility bills and much more.
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