Mumbai: The Reserve Bank of India (RBI) has rolled out a revised framework for ATM usage charges, effective Thursday, May 1. The changes impact the number of free transactions allowed, charges for exceeding those limits, and the structure of interchange fees across the banking sector. As per the updated norms, customers will now face higher fees for ATM transactions beyond their monthly free quota. In metro cities, three free ATM transactions are allowed per month, while non-metro areas allow f...Read More

Surat: Five men allegedly robbed an SBI ATM kiosk in the city by cutting the ATM machine with a gas cutter and escaping with ₹18,14,900 in cash. The crime was captured on a nearby CCTV camera. According to the police, the suspects arrived in a white hatchback and stopped outside the ATM near Chitrali Row House in Jahangirpura around 2:25 am on Wednesday. They covered the CCTV cameras with black tape, disabled the alarm system, and then used a gas cutter to break open the machine. The thieves ...Read More

Ahmedabad: With the launch of UPI and the advancement of digital banking services across the country, including Gujarat, there has been a decrease in the number of ATM centers in urban areas of the state. Meanwhile, banks are increasing the number of ATMs in rural areas to expand banking services. According to the State Level Bankers' Committee (SLBC) report for the September quarter, the number of ATMs in urban and semi-urban areas has decreased by 239, while the number of ATMs in rural areas ...Read More

Modasa: Unknown miscreants stole Rs 6 lakh cash from the ATM of a public sector bank in north Gujarat late last night, police said today. The incident took place in Demoi village under Bayad police station of Aravalli district. PI N G Gohil said that the miscreants had cut the ATM of central bank with a cutter and fled with around Rs 6 lakh kept in its chest. Police was trying to nab them on the basis of CCTV footage. DeshGujaratRead More