ATM Grouting Current Affairs, GK & News

RBI asks banks to grout ATMs to a structure for Security

The Reserve Bank of India (RBI) has asked banks to ensure their ATMs (Automated Teller Machines) are grouted to a structure preferably wall, pillar, or floor by 30 September 2019 in a move to enhance security of cash vending machines. Key Highlights Background: In October 2016, RBI had set up a Committee on Currency Movement ..

Month: Current Affairs - June, 2019

Category: Economy & Banking Current Affairs

Topics: ATM Grouting • Committee on Currency Movement • D K Mohanty Commitee • Digital Locks • e-Surveillance Mechanism: • One Time Combination Locks • Reserve Bank of India