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cash withdrawals News
Canara Bank launches OTP facility for ATM cash withdrawals
Tue, Aug 27, 2019
ATM cash withdrawals above ₹10,000 needs OTP: Canara Bank launches a new facility
Demonetisation anniversary: Is India a 'less cash' society?
Wed, Nov 08, 2017
Post demonetisation currency in circulation has fallen, while cash withdrawals soar and digital transactions at point of sales terminals also increase, we ask – Is India now a ‘less cash’ society?
From cheque clearance to cash deposits, banking services to hit as 10 lakh PSU bankers strike today
Tue, Aug 22, 2017
Employee unions under United Forum of Bank Unions (UFBU) has called for today's bankers strike.
Cash loving Indians go back to pre-demonetisation level of ATM withdrawals
Tue, Jun 20, 2017
Digital transaction push after the NDA government braved the decision to demonetise higher currency notes did not boost non-cash transactions. Motilal Oswal analysts provide analysis to support the numbers.
To discourage cash transactions, HDFC Bank & others begin minimum levy of Rs 150 on cash deposits & withdrawals
Thu, Mar 02, 2017
To discourage cash transactions and boost the digital payments, banks like HDFC Bank and others have started charging a minimum amount of Rs 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month.
Only 30% of ATMs are functional as banks opt to distribute cash
Sat, Dec 31, 2016
More than two-thirds of ATMs continued to run dry across the country till Friday as banks chose to distribute cash to customers through branches rather than refill machines that could be accessed by all debit card holders,
Demonetisation: Bank withdrawals stand at 20% of total deposits
Tue, Nov 29, 2016
On the evening of November 8, Prime Minister Narendra Modi in a televised address said that nearly 86% of Rs 16 lakh crore that oiled the Indian economy by way of Rs 500 and Rs 1000 notes were illegal tender from midnight.
Demonitisation aftermath: Chaos grows, queues get longer at banks, ATMs on weekend
Sat, Nov 12, 2016
Virually every bank and ATM in India is seen filled with people and long queues snaking as people jostle to exchange or deposit Rs 500 and Rs 1,000 notes that have been demonetised.
Notes Exchange Facility: Here are key things you should know
Fri, Nov 11, 2016
If you are heading to ATMs or bank branches for exchange or deposit of your old Rs 500 and Rs 1,000 notes, here are important things that you should know.