Atms  

On April 5, the Reserve Bank of India (RBI) announced a new policy allowing cash deposits at cash deposit machines (CDMs) in ATMs using UPI. 

Finance Minister Nirmala Sitharaman reacted over the mystery of the disappearing Rs 2000 note, that banks are recalibrating ATMs to replace high-value Rs 2,000 notes.

For those coming under Direct Benefit Transfer Scheme of the government, the Bank of Baroda and Bank of India have limited transactions in micro-ATMs of other banks

Two Chilean nationals have been arrested by the Bengaluru Police for using skimming machines to steal details and money of ATM users

 

Last week, ATMs governing body warned that nearly half of the 2.38 lakh machines run the risk of closing down due to regulatory compliance changes suggested by RBI