Diabytes
Bank ATMs News
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NCR`s manufacturing facility in Chennai has manufactured 200,000 ATMs since 2004. The company exports 70 percent of the machines manufactured in Chennai facility.
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It has led the lenders to believe that they can function with a lesser number of kiosks.
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With banks across the country remaining closed on Sunday, cash withdrawal will be possible only through ATMs centres.
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Janata Dal United on Tuesday gave a notice for suspension of all listed business in Rajya Sabha over what it called the ''unplanned demonetisation'' by the Narendra Modi government at the Centre which has made the life of common man miserable due to acute shortage of cash.
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In view of the Centre'e demonetisation move, the Reserve Bank of India (RBI) has issued new high-security currency notes of Rs 500 notes to banks for distribution on Monday.
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Congress vice president Rahul Gandhi on Friday joined the common public, which had lined up outside the bank ATMs to exchange old currency notes, days after the Centre's announcement on demonetisation.
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Both Centre and the RBI cautioned people on Friday not to panic and have some patience days after the demonetisation decision was announced.
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Concerned over incidents of attack on cash carrying vans, government has proposed that ATMs should not be replenished with cash after 8 PM in cities and private cash transportation agencies must collect money from the banks in the first half of the day.
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