Wednesday, August 11, 2021

ATM companies wary of RBI’s Rs 10,000 cash-out fine

​In a circular to banks this week, the RBI said that they should monitor the availability of cash in ATMs and ensure that there are no cash-outs. The circular said that banks would be fined Rs 10,000 if there is a cash-out at any ATM for more than 10 hours in a month.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2Xmj6I7

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