Tag: ATMs

Demonetisation: Queues get shorter at banks; no respite at ATMs

In the wake of certain restrictions on money exchange norms by the government, chaos and rush at banks eased but the situation did not quite improve at ATMs as people were still seen waiting in long queues to withdraw valid currency notes. As banks opened after a day’s break today, people rushed to exchange old...

November 21, 2016

No plan to reissue Rs 1,000 note, ATMs being recalibrated: FM

Declaring there was no plan to re-monetise Rs.1,000 notes, Finance Minister Arun Jaitley on Thursday said the decision to reduce the exchange limit for demonetised notes to Rs.2,000 is designed to stop the misuse of funds. The finance minister also said that 22,500 ATMs would be re-calibrated on Thursday. “The government's decision to limit the...

November 17, 2016

Money Matters: Indians outside Banks

November 13, 2016

ATMs to disburse new currency by early Dec: Finance Ministry

The Finance Ministry said on Saturday that the ATMs will be able to disburse new currency notes only by early December as recalibration of the machines requires both hardware and software modifications. “Recalibration (requires both software and hardware changes) of ATMs is going on, which will be completed by end of this month or early...

November 12, 2016

Security personnel deployed across banks

The police has been maintaining a tight vigil across all banks and ATMs to ensure that no untoward incident happens.

November 11, 2016

ATMs not functioning in Noida

 Most ATMs, including those of ICICI Bank, Canara Bank and Corporation Bank, are not operational here. After the government demonetised Rs.500 and Rs.1,000 notes on Tuesday night, it was announced that people can withdraw the new series of Rs 500 and Rs 2,000 notes from the ATMs starting Thursday midnight but most of them were...

November 11, 2016

Tiger Shroff to pay tribute to Bruce Lee?

Baaghi actor Tiger Shroff has been an ardent student of martial arts and has been practicing it since the age of four. Owing to his stunts and action-packed scenes in films, the actor is being invited to a lot of events that are taking place on the birth anniversary of Bruce Lee. One of the biggest...

November 10, 2016

Bitter medicine

The clichéd contention that “time alone will tell” would be appropriate to use in relation to the surprise order that suddenly demonetised the Rs.1000 and Rs.500 currency notes. In principle there can be little quarrel with the admittedly extreme step to curb black money, corruption, fake currency widely used to fund terrorism and other criminal...

November 9, 2016