Unpaid salaries, defaulted dues: How a cash crunch at AGS hit banks’ ATM ops
Unpaid salaries forced frustrated AGS Transact staffers to shut a number of ATMs serving customers of ICICI Bank, Yes Bank ...
LIC-owned penny stock: Vakrangee Shares Rally 5% Upper Circuit After RBI Renews White Label ATM Authorisation; Do You Own?
Shares of Vakrangee surged 4.95 per cent on February 13 after the Reserve Bank of India (RBI) renewed its authorisation for ...
LIC-owned penny stock: Vakrangee shares hit 5% upper circuit for 2nd straight session; here’s why
Vakrangee shares surged to ₹16.71, hitting the 5% upper circuit after RBI renewed its White Label ATM authorization until ...
2 arrested for duping man of 1.6 lakh in ATM fraud
Two 21-year-old men have been arrested for allegedly duping a man of Rs 1.6 lakh in Daryaganj.On Feb 1, the victim told ...
SC says no round-the-clock manning of ATMs needed, overturns Guwahati High Court's order
A bench comprising Justice B.R. Gavai and Justice K. Vinod Chandran considered arguments presented by Solicitor General ...
MC Exclusive | Empty ATMs, statutory defaults, and deep rating downgrades: AGS Transact faces a crisis
Some banks serviced by AGS Transact have informed the regulator about the increasing cases of ATMs not being refilled and have held back their payments to the company. Crisil and India Ratings have ...
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RBI extends Vakrangee's authorisation to operate White Label ATMs until March 2026
Mumbai-based technology company Vakrangee Ltd on Wednesday (February 12) said the Reserve Bank of India (RBI) has renewed ...
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Supreme Court Reverses ATM Security Guard Mandate
The Supreme Court overturned a Gauhati High Court order requiring 24-hour security guard presence at ATMs, noting its ...
No round-the-clock guards needed at ATMs, rules Supreme Court
The bench accepted the arguments presented by the Union government and banks that deploying security guards at every ATM was ...
ATM cash withdrawal to become costly? RBI likely to increase interchange fee
If you use ATMs, then this news is important for you. The Reserve Bank of India (RBI) is considering increasing the maximum ...
RBI approves Tata Communications' stake sale in ATM biz to Australian Fintech for Rs 300 crore
Announced in November 2024, this strategic deal is valued at Rs 330 crore, with an additional Rs 75 crore contingent on ...
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Findi Purchases Tata Communications’ ATM Unit for US$48.3 Million
Findi acquires Tata Communications' brown label ATM business for US$48.3M, expanding its network in India to over 12,000 ATMs ...