Banks will now be fined for non-availability of cash in ATMs; RBI key decision

11-08-2021 Wed 10:04

The Reserve Bank of India (RBI) took a key decision keeping in mind the concerns of a common man. RBI took a key decision to impose penalties on banks for non-availability of cash in ATMs. The move is going to give a big relief to the common men who sometimes face trouble not getting the required amount from ATMs. RBI in a circular released on Tuesday stated that if any ATM is found not keeping the amount for more than 10 hours in a month will attract a flat penalty of Rs 10,000 per ATM. It is going to be effective starting October 1, 2021


ADVERTSIEMENT

More Video News
Thumb
Thumb
Thumb
Thumb
Thumb
Thumb
Thumb
Thumb
Thumb
Thumb
Thumb
Thumb
Thumb
Thumb
Thumb
..more