Banks to enhance banking services through ATMs
By Joseph Samson
Mar 25, 2014
Print    Email    RSS   

In order to assure the smooth banking functioning through the ATMs, the IBA is looking forward to put some suggestions to the RBI. The banks will be asked to increase the guards at the ATM and no ATM machine will be refilled with the cash after 8 in the evening.

The banks are also asked to increase the ATM network across the country by establishing ATMs at all the branches. Finance minister Mr. P. Chidambaram has instructed the chairpersons of the bank to keep an eye on the working of and development of ATMs.

Further it has been reported that finance ministry is keen on expanding ATM network in the remote areas of the country as well. It has been expected that by next the ATM will grow from 1,20,000 to over 2,50,000 . To enhance the banking transactions facilities banks are asked to increase the number of branches in the areas where the banking penetration is low.

(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Carnival of Indian Personal Finance Blogs #2
The home loans interest rate story: The...
Pre-pay your home loan
Fixed or floating interest rate home loan:...
Are fixed home loan rates actually...

Find the balance amount of principal amount of loan...
PINJORE: CaℒL Giℛℒs In PiNjOrE 09915787550...
PINJORE: CaℒL Giℛℒ In PiNjOrE 09915787550...
how to gate my home loan certificate

Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive