5 December 2022


News

RBI Proposes Penalties for Banks Failing to Replenish Bank ATMs Within Time - 11.08.2021

Reserve Bank of India (RBI) has proposed penalties for banks and White Label ATM operators if their ATMs are found to be lying without replenishment for more than ten hours to ensure customers and not inconvenienced. RBI has also directed banks and White Label ATM Operators to ensure minimum duration of cash outs in ATMs.

Tags : Reserve Bank of India Penalties for Banks Failing to Replenish Bank ATMs

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