CASH DISPENSER
5 stocks with consistent score improvement and upside potential of up to 34% in 1 year, according to analysts
The recent uptick in the indices should not fool you. The market’s troubles have not gone away. So, be cautious, but don’t treat the whole market as one block. Some parts are worse off, some are holding up better, and some are simply carrying on as before. A falling market tends to paint them all with the same brush.
Compensation of Rs 100 to Rs 5,000 per day for delay by bank in processing your request in these 5 situations
From stuck credit card closure requests to lost property papers, RBI rules require banks to pay you for every day they're late. A customer earlier this year won Rs 3.21 lakh for a delayed credit card closure. Here are 5 situations where the clock ticks in your favour, with compensation ranging from Rs 100 to Rs 5,000 a day.
When every number is a risk, the watchlist matters more than the buy list: 5 mid-cap stocks with upside potential of up to 26%
There are times when the market forgives a weak quarter, and there are times when it does not. We are now in the second kind of market. The cushion that softened bad news a few months ago has gone, and the coming Q2 results will carry burdens that the earlier ones did not. So, before looking at any stock, remember this: The odds of a sharp fall because of any disappointment are higher now than they have been in a while.
For long-term investors who know and accept that more trouble might be on the way: 5 mid-cap stocks with upside potential of up to 32%
Headwinds continue to hit both the global and domestic markets. As the situation is unlikely to improve anytime soon, we may see a further erosion in stock prices in the coming weeks, even months. The thing to understand is this: Not all stock price drops are the same.
The ATM story: Banks move to cash recyclers from just dispensers
More than 15,000 ATM units are expected to come up for request for proposals (RFPs) for cash recyclers, with nearly 77% of these belonging to PSBs, according to industry executives. Punjab National Bank, Union Bank of India and Bank of India are among the lenders expected to issue recycler RFPs.
Cash withdrawals from ATMs decline in 2025, says report
ATM cash withdrawals saw a dip in 2025. However, people took out more money per transaction. CMS Info Systems reported this trend. Digital payments also grew significantly. Insurance spending rose, while education, hospitality, and entertainment saw reduced spending. This reflects shifts in consumer behavior.
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Cash withdrawals from ATMs on rise
A recent report indicates a continued rise in ATM cash withdrawals, with some states experiencing up to 8% growth. The average cash dispensed per ATM has increased significantly between FY17 and FY25. This trend suggests a coexistence of cash and digital payments, driven by factors like remittance inflows and financial inclusion efforts, highlighting cash's enduring relevance.
Cash still matters in the digital world: Report
Despite the rise of digital payments, ATM cash withdrawals are increasing, particularly in states like Bihar and Uttar Pradesh, with CMS Info Systems reporting significant growth. The average cash dispensed per ATM has risen considerably, driven by remittance inflows and government initiatives.
Some ATMs to retract cash to tackle fake shutter overlay fraud: RBI
The Reserve Bank of India is partially reactivating ATM cash retraction, a feature disabled in 2012 due to fraud. This move combats a new "fake shutter overlay" scam where criminals trap dispensed cash. The reinstated retraction aims to give customers a better chance of recovering their money from compromised machines, focusing on ATMs susceptible to this fraud.
ATM dispenses 5 times extra cash in Maharashtra's Nagpur district; people rush to withdraw money
This happened on Wednesday at the Automated Teller Machine (ATM) of a private bank in Khaparkheda town, located around 30 km from Nagpur city. The news spread like wildfire and soon a huge crowd gathered outside the ATM centre to withdraw cash. Later, a bank customer alerted local police, who rushed to the spot and shut the ATM centre and informed the bank, an official from Khaparkheda police station said.
ATM installed in Meghalaya hospital where inventor was born in 1925
"The teller machine was installed on August 7 after a petition was submitted to State Bank of India for setting up an ATM on the premises before the centennial celebrations of our facility next year," Medical Superintendent of the hospital Dr Roken Nongrum told.
Husband cannot use wife's debit card, says court
Most of us are not aware of this rule but according to banks, an ATM card is non-transferable and nobody else apart from the account holder should use it.
No rush for cash, it was business as usual in Mumbai
Across the sprawling metropolis where high-net-worth stock and bond investors and traders jostle for space in commuter-train coaches during the rush hour.
Cash still in currency, ATM demand up
Around 20,000 new teller machines, majorly cash recyclers, are being deployed in the country.
Availability of cash-dispensing ATMs continues to worsen: Survey
Delhi recorded the highest availability of cash- dispensing ATMs, with only 11 per cent unable to find money in ATMs during the mentioned days, the survey said.
Nearly all ATMs reprogrammed to dispense new Rs500 and Rs2,000 notes
ATM withdrawals are limited to Rs2,500 at a time from dispensers recalibrated to take new notes. Those that haven’t been reprogrammed will dispense Rs2,000 at a time.
Ola teams up with SBI, PNB for setting up mobile ATMs
Cash dispensing through swipe of debit cards at POS machines was introduced at around 3,700 petrol pumps.
Dry ATMs dispensing more disappointment than cash
Average waiting period across ATMs seem to be between two and four hours across the major cities.
Dry ATMs dispensing more disappointment than cash
Average waiting period across ATMs seem to be between two and four hours across the major cities.
SBI pumps money in POS devices as cash pipeline dries-up
Seeking to reach out to maximum number of people looking to withdraw money, State Bank of India today said it is providing cash through POS machines including in tea gardens, hospitals and trains.
Cash-for-card at 5,000 petrol pumps but currency still a hurdle
There are 56,190 petrol pumps in the country, including those run by private oil companies that have not been allowed to offer the cash-dispensing service.
Cash up to Rs 2.5 lakh for 'Shaadis' only next week; can't swipe debit cards at 17,500 petrol pumps
Only 3,000 pumps across the country have card swipe machines from SBI that also allow for cash withdrawals, rest 17,5000 still not ready.
Here is a list of the petrol pumps dispensing cash
Swipe your debit card at petrol stations run by state-run oil companies and you will get Rs 2,000.
How ATMs became holy shrines overnight post demonetisation
From mere 800 ATMs in 1999 to their indispensable status in Indian society today, these cash-vending machines have come a long way.
Demonetisation: 700 petrol pumps start dispensing cash
Cap of Rs 1 lakh per petrol pump means only 50 people can be served.
Indian Oil's outlets start dispensing cash in rural areas of West Bengal
Currently, cash dispensing facility is available at 56 outlets in the state, but by November 19th, more than 150 outlets would start dispensing cash.
OKI installs more than 600 recycling ATMs for State Bank of India
The company manufactures ATMs which work with recyclable cash and has both cash acceptance mechanism along with cash dispensing in their teller machines.
SBI plans to add 8,000 more ATMs this fiscal
Sriram declined to comment on the impact of the recent review of the ATM fee policy, merely saying "we shall wait for the quarterly results".
ET in the classroom: What is a 'White-label ATM'?
RBI recently allowed non-banking companies to set up white-label ATMs in the country. ET explains how they differ from the usual bank-run cash dispensers.
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