After having identified the man who allegedly attacked a bank official at an ATM in Bangalore last month, the police say that his records indicate that he was a history-sheeter who murdered his wife in 2008. The man identified as Narayan Reddy has been absconding ever since he got bail in the murder case.
Rediff reader Shan Anbu, 42, tells us how his card got stuck in the ATM due to lack of backup power facility.
The box had apparently been lying since February 23 after the employee of the cash replenishing agency forgot it outside the ATM, he said.
Now you can withdraw money and simultaneously get your passbook updated at the automated teller machine (ATM) instantly.
With banks struggling to cope with rush to get alternative currency, the government has extended use of old defunct Rs 500 and Rs 1,000 notes for paying household utility bills, fuel, taxes and fees and purchases from co-operative stores till November 24.
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 central bank might ensure that the new series of banknotes with more robust security features be introduced as early as possible.
It would be done on a pilot basis to reduce capital expenditure in setting up ATMs and to improve availability of ATMs to customers, minister of state for finance P K Bansal said in written reply in Lok Sabha. As per the information available on the website of the bank, SBI has over 8,500 ATMs in India, the largest network in the country.
To educate customers on the modus operandi of financial fraudsters and share inputs on safe banking habits, banks are now coming up with awareness campaigns aimed at preventing customers from falling into the trap of fraudsters.
Its debit card holders can now withdraw cash from any ATM without charges till June 30.
'No cash,no problem,' says Aparna Verma who has survived without cash from the time PM Modi announced the 'note ban'.
The chaos and fear created by the deadly protests remained. Gangs of criminals have been looting and robbing homes in the absence of law enforcers over the last two days.
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.
ATMs are on their way to becoming a one-stop shop for most banking services. Here's what your ATM can do for you.
Interacting with the locals, Rahul asked them about the inconvenience they were facing and called on them to voice their indignation against the Centre's move of demonetisation, saying that it has become a major hassle in day to day life for the common man.
A report Tuesday from Gartner Inc., a technology analyst firm, estimates that 3 million US consumers were victims of ATM and debit-card fraud in the past year.
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.
A man who purchased the mobile from the person who attacked a woman at an ATM in Bangalore on Tuesday has been picked up by the police for questioning.
Axis Bank on Wednesday said it has completed the acquisition of Citibank's retail business in India for a final cash consideration of Rs 11,603 crore. The sale excludes Citi's institutional client businesses in India. The third-largest private sector bank said the acquisition, announced first in March last year, will not necessitate any new capital requirements and stressed that the attrition numbers on customers are much better than expected.
After the recent attack on debit cards exposed the gaps in their security systems, banks are getting serious about data privacy.
As per police, the company handled cash for bank ATMs, malls and jewellers. At the time of the incident, the cash collected was kept in the office.
The limit on withdrawal from current accounts has been enhanced to Rs 100,000 per week.
Banks were given 15 days to increase dispensation of Rs 100 banknotes through ATMs which are "widely used"
State Bank of India and Kingfisher Airlines on Monday launched a e-ticketing initiative for air travellers.
ATMs may soon be used to buy airline tickets with technology firm NCR Corporation developing a software that enables users to make bookings by accessing flight schedules, select destinations and dates of travel.
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.
Investment advisor Harsh Roongta will answer your queries on the ban on Rs 500 and Rs 1000 notes and what you should be doing.
Three weeks after the brutal attack on a woman bank official at an unguarded ATM kiosk in Bangalore, the assailant was still on the run even as police said they were making "all efforts" to nab him.
'The RBI is not releasing Rs 2,000 notes for the last 10 days; probably they have stopped printing it.'
The department plans to give taxpayers the facility of applying for tax refunds and tax credits through ATMs.
Investment advisor Anil Rego will answer your queries on the ban on Rs 500 and Rs 1000 notes and what you should be doing.
The Bangalore ATM attacker has been identified as one Narayan Reddy, a resident of Nallacheruvu Mandal, Cheruvulavadla village in Andhra Pradesh. However, the police have not been able to nab him yet.
The accused had obtained mobile phone SIM cards in fake names and used to take betting amounts from people through QR codes, the official said.
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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.
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.
