Future of fintech! India's first-ever UPI ATM launched in Mumbai CNN-News18's Vinaya Deshpande explains how these ATMs work in this #exclusive report #Mumbai #ATM #UPIATM | News18
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🏦 India’s First ATM (1987) – The Machine That Changed How India Withdraws Money Did you know India’s first ATM was installed in 1987? 🇮🇳 This revolutionary machine marked the beginning of 24×7 banking convenience and transformed how Indians accessed cash forever. From long bank queues to instant withdrawals—this was the start of a new era in Indian banking history. #FirstATMIndia #ATMHistory #IndianBanking #1987 #BankingRevolution [India History Financial History Old Is Gold ATM Journey, HSBC
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The Reserve Bank of India (RBI) has issued new guidelines on ATM operations across the country, covering aspects like security measures, transaction limits, and applicable fees. These norms determine the number of free transactions a customer can make at their own bank’s ATMs and those of other banks. Beyond these limits, customers are charged a transaction fee. The RBI also regulates ATM maintenance, cash loading, and security protocols. Catch @ahmed_shabbir20 in conversation with Thomas Franco
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