ATM fraud by hackers helps them steal over Rs 1 crore using SBI ATM cards. Here's everything you need to know about ATM hacks and how you should keep yourself safe.
AIBEA general secretary C H Venkatachalam said employees took out processions, rallies and held demonstrations and protested government's decision across various cities and towns. "Because of the strike, normal banking services were affected. Clearing of cheques were affected as cheques could not be collected by banks and sent for clearances," he said.
The robbers also decamped with a digital video recorder (DVR) and a CCTV camera installed in the ATM room, they said.
The Reserve Bank of India has stepped in to provide relief to the customers. The new guidelines released by the RBI have defined the new turnaround time for such failed transactions.
Life in Jammu and Kashmir is slowly and steadily moving back to normal after restrictions were imposed following abrogation of Article 370 on August 5. According to news agency ANI, all telephone exchanges have been activated and landlines restored. Post paid mobiles too are functional in Kupwara district.
If you are debit card or cards user and regularly visit bank ATM for cash transaction, then you should not miss the alert issued by HDFC Bank or else you might end up making a big mistake that will lead fraudsters to steal your hard-earned money from your bank account. HDFC Bank has also shared few tips for debit card users while visiting the bank to prevent them from becoming a victim bank ATM fraudster.
"It is also an indicator of low efficiency in recycling cash, i.e., the cycle of withdrawing cash, making payments with it and in turn making deposits through the banking system," said the report.
The Committee is expected to submit its recommendations within two months of its first meeting.
The snake was found behind some machine placed beside Automated Teller Machine which disburses money.
Following a tip-off, Sohrab, a member of Mewati gang, was arrested on April 12, they said.
As per a data of RBI, there were 2,21,492 Automated Teller Machines (ATMs) in the country as at September-end 2018.
All old ATM/debit and credit cards won't be working from 1 January 2019. According to the RBI directive, all magnetic stripe cards are required to be replaced by EMV chip cards.
Replying to another question, he said that 2.21 lakh ATMs were deployed in the country as on September 30, as reported by the Scheduled Commercial Banks, Small Finance Banks, Payment Banks and White Label ATM Operators.
In a statement, CATMi said that the Closure of the ATMs will impact thousands of jobs and also the financial inclusion efforts of the government.
The state is all set to go for polls on November 28. Counting of votes will take place on December 11.
Each of the cash boxes shall be secured to the floor with separate chains and locks that can be opened only by using separate keys kept with different custodians.
Romanian nationals arrested for ATM fraud in Noida. The whole incident got recorded in CCTV camera installed inside the ATM room
The Indian Railway Tourism and Catering Corporation (IRCTC) had tied up with water technology venture, Swajal, last year for the installation of such water ATMs.
Special show on rats gnawing Rs 12 lakh worth currency notes inside an ATM in Assam.
The ATM in Laipuli area was shut due to technical failure since May 20. To repair the outlet few repairmen visited it to get the machine fixed on June 11.
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