ATM: GK, General Studies and Current Affairs

RBI extends authorization issued to Vakrangee to own and operate WLA

The Reserve Bank of India (RBI) has extended the validity of authorization issued to IT service management company Vakrangee, to setup, own and operate the White Label ATMs (WLA) in India. The validity of authorization ..

Cardless Cash Withdrawal from ATM launched by ICICI Bank

Mumbai based India’s leading Private sector multinational bank, ICICI bank has launched a card-less cash withdrawal facility for its customers from its ATMs on Tuesday, 21st January 2020. The facility will be available throughout the ..

RBI Sets up Committee to Review ATM Charges

The Reserve Bank of India (RBI) has set up a committee under VG Kannan, Chief Executive Officer of the Indian Banks’ Association for giving a fillip to ATM deployment in unbanked areas. Terms of Reference ..

RBI eases norms for Basic Savings Bank Deposit Accounts

The Reserve Bank of India (RBI) has eased the norms for the Basic Savings Bank Deposit Accounts. New Facilities Issuance of Cheque Book which may/may not be priced. Allowing deposit of cash at bank branch ..

Financial Literacy Week 2019

The Reserve Bank of India (RBI) is observing Financial Literacy Week 2019 from June 3-7 on the theme of “Farmers”. The theme aims to highlight how farmers can benefit from being a part of the ..