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RBI Allows Banks To Hike ATM Cash Withdrawal Charges By Rs 2 To Rs 23
The Reserve Bank on Friday permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by Rs 2 to Rs 23 per transaction from May 1.
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Will Banks Remain Closed On Good Friday? Here's What To Know
Even though regular bank branches will be closed, online banking services and ATMs will work smoothly.
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RBI Permits Banks To Issue RuPay Prepaid Forex Cards
In order to expand payment options for Indians travelling abroad, the Reserve Bank of India on Thursday decided to allow issuance of RuPay Prepaid Forex cards by banks in India for use at ATMs, PoS machines and online merchants overseas.
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Feeding Of Fake Notes In Coin Vending Machines Led To UPI-Based Alternative: RBI
Getting fake currency notes in coin vending machines led the Reserve Bank to announce the unified payment system-based alternative, Deputy Governor T Rabi Sankar said on Wednesday.
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RBI Asks Banks To Provide Cardless Cash Withdrawal Facility At ATMs
The Reserve Bank on Thursday asked banks to provide the option of Interoperable Card-less Cash Withdrawal (ICCW) at their ATMs, a move aimed at curbing frauds like skimming, card cloning and device tampering.
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Card-less Cash Withdrawal At ATMs Of All Banks Soon: RBI
In a bid to check fraud, the Reserve Bank on Friday decided to permit all banks to introduce card-less cash withdrawal through ATMs.
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RBI Allows Banks To Raise Charges For ATM Withdrawals
The RBI on Thursday okayed a hike in interchange fees per transaction through automated teller machines from Rs 15 to Rs 17.
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Bitcoin Crosses $50,000 In Historic Win, Gains Further Mainstream Acceptance: 10 Points
Bitcoin Vs Dollar: Achieving a historic milestone, cryptocurrency bitcoin hit an all-time high record, breaching the $50,000 mark on Tuesday, February 16, continuing its broader bull run after Elon Musk's electric vehicle company Tesla Inc announced a $1.5 billion investment in the world's most famous cryptocurrency. Bitcoin hit an all-time high re...
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Yes Bank To Resume Full Banking Services From 6 pm On Wednesday
The development comes as a group of lenders led by the country's largest bank, State Bank of India (SBI), has committed to pick stake in Yes Bank as part of a government-backed rescue plan for the troubled private sector lender.
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New Rules For Debit, Credit Cards To Kick In From Monday
RBI has directed banks to allow only domestic card transactions at ATMs and PoS terminals in India at the time of issuance/reissuance of card. For international transactions, online transactions, card-not-present transactions and contactless transactions, customers will have to separately set up services on their card.
-
Customers Rush To ATMs In Mumbai After RBI Caps Yes Bank Withdrawal Limit
After Reserve Bank of India (RBI) on Thursday imposed a month-long moratorium on Yes Bank citing "serious deterioration in its financial position", capping the withdrawal limit at Rs 50,000, depositors in Mumbai rushed to the ATMs for withdrawing cash.
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RBI Asks Banks To Provide Facility To Switch On, Off Debit, Credit Cards To Prevent Frauds
The RBI on Wednesday asked banks and other card-issuing companies to provide facility to customers to switch on and off their debit or credit cards.
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Banks Set To Remain Closed For 4 Days This Week: 10 Things To Know
Four unions of public sector bank (PSB) officers are set to go on 2-day strike on September 26-27, opposing the consolidation of 10 state-run lenders into four. As a result, several banks will be shut on September 26 (Thursday) and September 27 (Friday). This would be followed by the weekend off - September 28 is the fourth Saturday of the month an...
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Court Asks RBI About Steps To Make Banking Services Friendly For Visually Impaired
The Delhi High Court on Tuesday asked the Centre and the Reserve Bank of India as to what steps they intend to take in future to make ATMs, online banking services and currency notes of Rs 50 and lower denominations, more user friendly for the visually impaired.
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These ATM Transactions Not To Be Counted As Free Transactions In A Month: 10 Points
The Reserve Bank of India (RBI) has asked commercial banks not to treat ATM transactions failing for technical reasons as well as non-cash withdrawal transactions - such as balance enquiries or cheque book requests - as part of the free transactions available to customers every month. Currently, transactions failed due to technical reasons or non-a...
-
RBI Allows Banks To Hike ATM Cash Withdrawal Charges By Rs 2 To Rs 23
The Reserve Bank on Friday permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by Rs 2 to Rs 23 per transaction from May 1.
-
Will Banks Remain Closed On Good Friday? Here's What To Know
Even though regular bank branches will be closed, online banking services and ATMs will work smoothly.
-
RBI Permits Banks To Issue RuPay Prepaid Forex Cards
In order to expand payment options for Indians travelling abroad, the Reserve Bank of India on Thursday decided to allow issuance of RuPay Prepaid Forex cards by banks in India for use at ATMs, PoS machines and online merchants overseas.
-
Feeding Of Fake Notes In Coin Vending Machines Led To UPI-Based Alternative: RBI
Getting fake currency notes in coin vending machines led the Reserve Bank to announce the unified payment system-based alternative, Deputy Governor T Rabi Sankar said on Wednesday.
-
RBI Asks Banks To Provide Cardless Cash Withdrawal Facility At ATMs
The Reserve Bank on Thursday asked banks to provide the option of Interoperable Card-less Cash Withdrawal (ICCW) at their ATMs, a move aimed at curbing frauds like skimming, card cloning and device tampering.
-
Card-less Cash Withdrawal At ATMs Of All Banks Soon: RBI
In a bid to check fraud, the Reserve Bank on Friday decided to permit all banks to introduce card-less cash withdrawal through ATMs.
-
RBI Allows Banks To Raise Charges For ATM Withdrawals
The RBI on Thursday okayed a hike in interchange fees per transaction through automated teller machines from Rs 15 to Rs 17.
-
Bitcoin Crosses $50,000 In Historic Win, Gains Further Mainstream Acceptance: 10 Points
Bitcoin Vs Dollar: Achieving a historic milestone, cryptocurrency bitcoin hit an all-time high record, breaching the $50,000 mark on Tuesday, February 16, continuing its broader bull run after Elon Musk's electric vehicle company Tesla Inc announced a $1.5 billion investment in the world's most famous cryptocurrency. Bitcoin hit an all-time high re...
-
Yes Bank To Resume Full Banking Services From 6 pm On Wednesday
The development comes as a group of lenders led by the country's largest bank, State Bank of India (SBI), has committed to pick stake in Yes Bank as part of a government-backed rescue plan for the troubled private sector lender.
-
New Rules For Debit, Credit Cards To Kick In From Monday
RBI has directed banks to allow only domestic card transactions at ATMs and PoS terminals in India at the time of issuance/reissuance of card. For international transactions, online transactions, card-not-present transactions and contactless transactions, customers will have to separately set up services on their card.
-
Customers Rush To ATMs In Mumbai After RBI Caps Yes Bank Withdrawal Limit
After Reserve Bank of India (RBI) on Thursday imposed a month-long moratorium on Yes Bank citing "serious deterioration in its financial position", capping the withdrawal limit at Rs 50,000, depositors in Mumbai rushed to the ATMs for withdrawing cash.
-
RBI Asks Banks To Provide Facility To Switch On, Off Debit, Credit Cards To Prevent Frauds
The RBI on Wednesday asked banks and other card-issuing companies to provide facility to customers to switch on and off their debit or credit cards.
-
Banks Set To Remain Closed For 4 Days This Week: 10 Things To Know
Four unions of public sector bank (PSB) officers are set to go on 2-day strike on September 26-27, opposing the consolidation of 10 state-run lenders into four. As a result, several banks will be shut on September 26 (Thursday) and September 27 (Friday). This would be followed by the weekend off - September 28 is the fourth Saturday of the month an...
-
Court Asks RBI About Steps To Make Banking Services Friendly For Visually Impaired
The Delhi High Court on Tuesday asked the Centre and the Reserve Bank of India as to what steps they intend to take in future to make ATMs, online banking services and currency notes of Rs 50 and lower denominations, more user friendly for the visually impaired.
-
These ATM Transactions Not To Be Counted As Free Transactions In A Month: 10 Points
The Reserve Bank of India (RBI) has asked commercial banks not to treat ATM transactions failing for technical reasons as well as non-cash withdrawal transactions - such as balance enquiries or cheque book requests - as part of the free transactions available to customers every month. Currently, transactions failed due to technical reasons or non-a...
