Cash Withdrawal

Charge of the light brigade: Charting the rise of micro-ATM channel

The micro-ATM channel has held its own despite growth in digital payments and pricing not being raised

Restrictions on cash transaction: Know details before making any payment

The government's intention is to curb black money, promote digital transactions, and ensure tax compliance

Changing of Rs 2,000 currency notes off to a slow yet smooth start

Banks continue to use discretion on filling up forms

Debit card-based ATM withdrawals up 235% since demonetisation: Report

The cash in circulation in the Indian economy has more than doubled since demonetisation

CPI MP hits out at govt over withdrawal of Rs 2,000 notes from circulation

CPI MP Binoy Viswam on Friday hit out at the government over the RBI's announcement to withdraw Rs 2,000 currency notes from circulation, saying a white paper on the country's economy should be brought out to show the effects of demonetisation. The Rs 2,000 denomination bank note was introduced in November 2016, primarily to meet the currency requirement of the economy in an expeditious manner after the withdrawal of legal tender status of all Rs 500 and Rs 1,000 bank notes in circulation at that time. "Tuglakhs control the financial sector of the country. They have withdrawn the Rs 2,000 notes. They may argue that this shows the strength of the economy under Modi. Are they dare enough to bring out a white paper on Indian economy after the demonetisation?" Viswam said in a tweet. The Reserve Bank of India (RBI) on Friday announced withdrawal of Rs 2,000 currency notes from circulation, and existing notes in circulation can either be deposited in bank accounts or exchanged by Septemb

A step-by-step guide on withdrawing cash from ATM using UPI apps

Withdrawing without debit or credit cards reduces chances of transaction failure due to wrong PINs, or lost or stolen cards; note, however, that very few banks offer UPI-based withdrawals currently

IPPB revises charges for Adhaar enabled payments; here all you need to know

The India Post Payments Bank has increased charges for the Aadhaar Enabled Payment System service. The revised AePS Issuer transaction charges will be effective from December 1, 2022

No GST on chequebooks for customers, only on bank buying from printer: FM

Also, there is no GST on crematorium, funeral, burial, or mortuary services, the minister said and explained the Goods and Service Tax has been levied on the construction of new crematoriums.

RBI asks for option of interoperable card-less cash withdrawal at ATMs

NPCI advised to facilitate Unified Payments Interface (UPI) integration with all banks and ATM networks.

RBI seeks option of interoperable card-less cash withdrawal at ATMs

NPCI has been advised to facilitate Unified Payments Interface integration with all banks and ATM networks, says RBI

Monetary policy review: Soon, withdraw cash from any ATM using UPI

This is expected to enhance ease of transactions and eliminate frauds at the same time

SBI to levy charges for cash withdrawal beyond 4 free transactions a month

SBI will charge Rs 15 plus GST per cash withdrawal beyond 4 free cash withdrawals.

State Bank of India raises cash withdrawal limits at non-home branches

State Bank of India has increased the cash withdrawal limits through cheques and withdrawal forms for its customers at non-home branches

Banks, post offices can now find out TDS on large cash withdrawals

The department has facilitated a new functionality for banks and post offices through which they can ascertain the TDS applicability rates

Bombay HC junks PMC Bank depositors' plea for lifting withdrawal cap

On September 23, the RBI had imposed regulatory restrictions on the PMC Bank for six months over alleged financial irregularities

RBI enhances withdrawal limit for PMC Bank depositors to Rs 50,000

This is the fifth increase in withdrawal limit since the bank was placed under its direct control with an administrator on September 23

Cash withdrawal seeing a rapid declining trend, post cash ban

Decline in cash withdrawals is intriguing even as limits on withdrawals were removed from March 13

Cash withdrawal fee: 78 per cent disagree with banks' move

Business Standard Twitter poll saw 78 per cent disagreeing with imposition of this fee by some banks

Delhi Police to be present at all banks, ATMs on Thursday

Police arrangements commenced from 9 am in the morning