Atm Recalibration
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SBI Yet To Make 18,135 ATMs Ready For New Notes, Reveals RTI Query
Country's largest lender State Bank Of India (SBI) is yet to recalibrate 18,135 automated teller machines (ATMs) even after 21 months of demonetisation, an RTI query has revealed.
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Rs 100 Crore Needed to Recalibrate ATMs For New Rs 100 Notes, Say ATM Operators
While the existing Rs 100 notes are sized 157x73 mm, the new ones measure 142x66mm, as per the RBI announcement this week.
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100 Crore Needed To Make ATMs Ready For New Rs 100 Notes: ATM Operators
The ATM operations industry today said introduction of a new Rs 100 note creates many challenges and an investment of Rs 100 crore will be required to recalibrate the country's 2.4 lakh machines.
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May Take 3 Months For Rs 200 Note To Reach ATMs: Report
Currently, Rs 200 notes are available only through select RBI offices and some banks.
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Revealed: The Cost Of Printing New 500, 2,000 Rupee Notes
The approximate cost of printing each note of new Rs 500 is in the range of Rs 2.87 to Rs 3.09, and Rs 3.54 to Rs 3.77 for Rs 2,000, Minister of State for Finance Arjun Ram Meghwal said.
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Focus Now On Printing 500-Rupee Notes, Says Government: 10 Points
The government is now focusing on printing 500 rupee notes, Economic Affairs Secretary Shaktikanta Das said on Thursday, hours before a deadline for using old 500 and 1000 rupee notes at petrol pumps and some other facilities ended. From midnight to December 30, old notes can only be deposited in banks. Prime Minister Narendra Modi had on November ...
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Focus Now On Printing 500 Notes, Says Government: Highlights
The government today said that the new 500 and 2,000-rupee notes have been completely designed in house and so their security features are very secure.
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Almost 85% ATMs Recalibrated For New Notes Till November 30: Government
Almost 85 per cent of country's cash dispensing machines had been recalibrated to fit the new notes till November 30 and the government has also advised banks to set up micro ATMs in rural areas to meet the cash need post demonetisation, Parliament was informed today.
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1.80 lakh ATMs Re-Calibrated To Dispense Rs 500, 2,000 Notes
Nearly 90 per cent of the 2 lakh ATMs deployed across the country have been re-calibrated to dispense the new 500 and 2,000 rupee notes.
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Banks See Big Rush For Salary Withdrawals; ATMs Still Dry
Despite recalibration of nearly 70 per cent of ATMs do not have cash.
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82,000 Of Nearly 2 Lakh ATMs Now Capable Of Dispensing New Notes: 10 Points
There will be no charge on the use of debit cards for now, the government said today, announcing more measures to make the sudden notes ban easier on people. In the Supreme Court, the government said around 88 billion dollars have been deposited in banks since the ban on Rs 500 and Rs 1,000 notes on November 8.
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Economic Affairs Secretary Shaktikanta Das Addresses Media On Notes Ban: Highlights
Economic Affairs Secretary Shaktikanta Das is addressing a media as the government is battling the opposition's criticism on its sudden move to ban the big currency notes to check black or untaxed money.
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82,500 ATMs Recalibrated To Dispense New Notes
As many as 82,500 ATMs, which account for about 40 per cent of cash vending machines in the country, have been recalibrated to dispense new high security currency notes of 500 and 2,000 rupees.
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Opinion: What Demonetisation Says About And Does For Modi
Close to two weeks into the demonetisation exercise, how does one assess it? Frankly, there are several aspects to the episode: the execution, the aspiration, and the medium to long term political impact.
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ATMs Ready, Notes Printed, Back To Normal By Month End: Government Sources
Normal banking operations should resume by the end of the month, say top government sources, with the printing of Rs 2,000 notes almost over and the recalibration of all the two lakh-odd ATMs in the country expected to be done by then, easing the cash crunch.
-
SBI Yet To Make 18,135 ATMs Ready For New Notes, Reveals RTI Query
Country's largest lender State Bank Of India (SBI) is yet to recalibrate 18,135 automated teller machines (ATMs) even after 21 months of demonetisation, an RTI query has revealed.
-
Rs 100 Crore Needed to Recalibrate ATMs For New Rs 100 Notes, Say ATM Operators
While the existing Rs 100 notes are sized 157x73 mm, the new ones measure 142x66mm, as per the RBI announcement this week.
-
100 Crore Needed To Make ATMs Ready For New Rs 100 Notes: ATM Operators
The ATM operations industry today said introduction of a new Rs 100 note creates many challenges and an investment of Rs 100 crore will be required to recalibrate the country's 2.4 lakh machines.
-
May Take 3 Months For Rs 200 Note To Reach ATMs: Report
Currently, Rs 200 notes are available only through select RBI offices and some banks.
-
Revealed: The Cost Of Printing New 500, 2,000 Rupee Notes
The approximate cost of printing each note of new Rs 500 is in the range of Rs 2.87 to Rs 3.09, and Rs 3.54 to Rs 3.77 for Rs 2,000, Minister of State for Finance Arjun Ram Meghwal said.
-
Focus Now On Printing 500-Rupee Notes, Says Government: 10 Points
The government is now focusing on printing 500 rupee notes, Economic Affairs Secretary Shaktikanta Das said on Thursday, hours before a deadline for using old 500 and 1000 rupee notes at petrol pumps and some other facilities ended. From midnight to December 30, old notes can only be deposited in banks. Prime Minister Narendra Modi had on November ...
-
Focus Now On Printing 500 Notes, Says Government: Highlights
The government today said that the new 500 and 2,000-rupee notes have been completely designed in house and so their security features are very secure.
-
Almost 85% ATMs Recalibrated For New Notes Till November 30: Government
Almost 85 per cent of country's cash dispensing machines had been recalibrated to fit the new notes till November 30 and the government has also advised banks to set up micro ATMs in rural areas to meet the cash need post demonetisation, Parliament was informed today.
-
1.80 lakh ATMs Re-Calibrated To Dispense Rs 500, 2,000 Notes
Nearly 90 per cent of the 2 lakh ATMs deployed across the country have been re-calibrated to dispense the new 500 and 2,000 rupee notes.
-
Banks See Big Rush For Salary Withdrawals; ATMs Still Dry
Despite recalibration of nearly 70 per cent of ATMs do not have cash.
-
82,000 Of Nearly 2 Lakh ATMs Now Capable Of Dispensing New Notes: 10 Points
There will be no charge on the use of debit cards for now, the government said today, announcing more measures to make the sudden notes ban easier on people. In the Supreme Court, the government said around 88 billion dollars have been deposited in banks since the ban on Rs 500 and Rs 1,000 notes on November 8.
-
Economic Affairs Secretary Shaktikanta Das Addresses Media On Notes Ban: Highlights
Economic Affairs Secretary Shaktikanta Das is addressing a media as the government is battling the opposition's criticism on its sudden move to ban the big currency notes to check black or untaxed money.
-
82,500 ATMs Recalibrated To Dispense New Notes
As many as 82,500 ATMs, which account for about 40 per cent of cash vending machines in the country, have been recalibrated to dispense new high security currency notes of 500 and 2,000 rupees.
-
Opinion: What Demonetisation Says About And Does For Modi
Close to two weeks into the demonetisation exercise, how does one assess it? Frankly, there are several aspects to the episode: the execution, the aspiration, and the medium to long term political impact.
-
ATMs Ready, Notes Printed, Back To Normal By Month End: Government Sources
Normal banking operations should resume by the end of the month, say top government sources, with the printing of Rs 2,000 notes almost over and the recalibration of all the two lakh-odd ATMs in the country expected to be done by then, easing the cash crunch.
