Many money-related developments are expected from January 2022. From ATM fees becoming costlier to new guidelines on bank lockers. Here are some key regulatory and operational changes that are likely to come into effect from 2022.
A 100 kilolitre dispensing system will be installed for every 500 households or 2,000 people, which means 250 to 200 litres of drinking water per family per day.
HDFC Bank, in its complaint, alleged that in all 66 attempts were made to access the internet banking of the account.
AIMIM president Asaduddin Owaisi said that in the last seven years, Muslims were considered only an ATM for votes. Today the secular leader of every political party is trying to project himself as a big Hindu leader. Watch Muqabla with Ajay Kumar on India TV.
People say they are running out of funds and anxiety is growing across the capital and other cities.
Banks will have to submit a system generated statement on downtime of ATMs due to non-replenishment of cash to the RBI.
The Mego ATM is also enabled with AEPS biometric where people can check their balance and transfer money directly from one source to another. This is an innovation under the PMJD Yojna and Atma Nirbhar Bharat Yojna, an initiative by the RBI which has allowed white label ATMs to fintechs.
There is a fear that what will happen if someone withdraws money from your ATM in case it is lost. In such a situation, let us tell you that if the ATM card is lost, then you can not only block your old card sitting at home but also get a new card.
The Reserve Bank of India (RBI) has recently raised the interchange fee and allowed banks - private and public, to hike charges on withdrawing cash from ATMs as well as charges for debit/credit cards.
Unidentified thieves blew up an ATM at Pimpri-Chinchwad and took the money, police said. Meanwhile, the blast was extremely horrific. The shutters of the ATM were broken and the premises was shaken by the sound of the explosion.
SBI will levy charges for cash withdrawal beyond four free transactions in a month from customers holding the basic savings bank deposit (BSBD) accounts.
RBI has allowed the banks to hike the fee charged on cash withdrawal beyond the permitted free ATM transaction limit from Rs 20 to Rs 21.
Yadav said that the police received a complaint on June 8 that Bharti, who came to load money in the HDFC Bank ATM at HT building on Kasturba Gandhi Marg in the national capital had taken away Rs 21.02 lakh.
The new service charge will be Rs 15 plus GST for each transactions. The service charge levied for non-SBI bank ATMs is also Rs 15 plus GST.
The new SBI service charges would apply to ATM withdrawals, chequebook, transfer, and other non-financial transactions. The new charges will come into effect from July 1, 2021.
Customers can conduct over 15 types of transactions using the Mobile ATMs, which will be operational at each location for a specific period. The Mobile ATMs will cover 3-4 stops in a day.
In view of increasing incidents of Man in the Middle (MiTM) attacks on ATMs, all banks have been asked to enhance their safety norms for ATMs through end-to-end encryption in the network, officials said.
The company is providing UPI-enabled interoperable cardless cash withdrawing system in the country. Under this system, anyone can withdraw cash from the ATM by just scanning the QR Code through the UPI App.
The Noida Police on Monday said they have arrested four illiterate men for duping people in Delhi NCR by withdrawing money from their bank accounts after changing their ATM cards using tricks they learnt from YouTube.
The state police's crime branch has started an investigation into the cyber fraud case in which over Rs 77 lakh went missing from the bank accounts of the doctor
Top News
Latest News
