Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | &#039;Those Without Acc Can Soon Receive Money From ATMs&#039;    </title>
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-Outlook



Mumbai: RBI Governor Raghuram Rajan today said individuals without a bank account will soon be able to receive money from those with bank accounts, using automated teller machines (ATM).


&quot;We have recently approved the in-principle setting up of a payment system..."/>
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-Outlook



Mumbai: RBI Governor Raghuram Rajan today said individuals without a bank account will soon be able to receive money from those with bank accounts, using automated teller machines (ATM).


&quot;We have recently approved the in-principle setting up of a payment system..." />
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                            <div align="justify">-Outlook</div><p align="justify"><br /><em>Mumbai: </em>RBI Governor Raghuram Rajan today said individuals without a bank account will soon be able to receive money from those with bank accounts, using automated teller machines (ATM).</p><p align="justify">&quot;We have recently approved the in-principle setting up of a payment system which will facilitate funds transfer from bank account holders to those without accounts through ATMs,&quot; he said, delivering the DR Gadgil lecture here.</p><p align="justify">Rajan said the move is driven by the lack of having a formal bank account by millions of our countrymen and also explained how the mechanism will work.</p><p align="justify">The sender can have money withdrawn from his/her account through ATM machines, he said.</p><p align="justify">&quot;The intermediary processes the payment, and sends a code to the recipient on his mobile that allows him to withdraw the money from any nearby bank's ATM,&quot; he said.</p><p align="justify">Rajan asserted that systems will take care of all the issues around security including safeguards of customer identification, transaction validation and velocity checks.</p><p align="justify">Calling this as one of the benefits of the modern technology, Rajan conceded that mobile companies are already providing such services and laid emphasis on the need for more such innovative products.</p>                                                           
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Mumbai: RBI Governor Raghuram Rajan today said individuals without a bank account will soon be able to receive money from those with bank accounts, using automated teller machines (ATM).


&quot;We have recently approved the in-principle setting up of a payment system..."/>
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-Outlook



Mumbai: RBI Governor Raghuram Rajan today said individuals without a bank account will soon be able to receive money from those with bank accounts, using automated teller machines (ATM).


&quot;We have recently approved the in-principle setting up of a payment system..." />
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    <h1 class="cat-box-title">&#039;Those Without Acc Can Soon Receive Money From ATMs&#039;</h1>
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                            <div align="justify">-Outlook</div><p align="justify"><br /><em>Mumbai: </em>RBI Governor Raghuram Rajan today said individuals without a bank account will soon be able to receive money from those with bank accounts, using automated teller machines (ATM).</p><p align="justify">&quot;We have recently approved the in-principle setting up of a payment system which will facilitate funds transfer from bank account holders to those without accounts through ATMs,&quot; he said, delivering the DR Gadgil lecture here.</p><p align="justify">Rajan said the move is driven by the lack of having a formal bank account by millions of our countrymen and also explained how the mechanism will work.</p><p align="justify">The sender can have money withdrawn from his/her account through ATM machines, he said.</p><p align="justify">&quot;The intermediary processes the payment, and sends a code to the recipient on his mobile that allows him to withdraw the money from any nearby bank's ATM,&quot; he said.</p><p align="justify">Rajan asserted that systems will take care of all the issues around security including safeguards of customer identification, transaction validation and velocity checks.</p><p align="justify">Calling this as one of the benefits of the modern technology, Rajan conceded that mobile companies are already providing such services and laid emphasis on the need for more such innovative products.</p>                                                           
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Mumbai: RBI Governor Raghuram Rajan today said individuals without a bank account will soon be able to receive money from those with bank accounts, using automated teller machines (ATM).


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Mumbai: RBI Governor Raghuram Rajan today said individuals without a bank account will soon be able to receive money from those with bank accounts, using automated teller machines (ATM).


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    <h1 class="cat-box-title">&#039;Those Without Acc Can Soon Receive Money From ATMs&#039;</h1>
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                            <div align="justify">-Outlook</div><p align="justify"><br /><em>Mumbai: </em>RBI Governor Raghuram Rajan today said individuals without a bank account will soon be able to receive money from those with bank accounts, using automated teller machines (ATM).</p><p align="justify">&quot;We have recently approved the in-principle setting up of a payment system which will facilitate funds transfer from bank account holders to those without accounts through ATMs,&quot; he said, delivering the DR Gadgil lecture here.</p><p align="justify">Rajan said the move is driven by the lack of having a formal bank account by millions of our countrymen and also explained how the mechanism will work.</p><p align="justify">The sender can have money withdrawn from his/her account through ATM machines, he said.</p><p align="justify">&quot;The intermediary processes the payment, and sends a code to the recipient on his mobile that allows him to withdraw the money from any nearby bank's ATM,&quot; he said.</p><p align="justify">Rajan asserted that systems will take care of all the issues around security including safeguards of customer identification, transaction validation and velocity checks.</p><p align="justify">Calling this as one of the benefits of the modern technology, Rajan conceded that mobile companies are already providing such services and laid emphasis on the need for more such innovative products.</p>                                                           
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Home हिन्दी

'Those Without Acc Can Soon Receive Money From ATMs'

Published on Feb 14, 2014   Modified on Feb 14, 2014

-Outlook Mumbai: RBI Governor Raghuram Rajan today said individuals without a bank account will soon be able to receive money from those with bank accounts, using automated teller machines (ATM). "We have recently approved the in-principle setting up of a payment system which will facilitate funds transfer from bank account holders to those without accounts through ATMs," he said, delivering the DR Gadgil lecture here. Rajan said the move is driven by the lack of having a formal bank account by millions of our countrymen and also explained how the mechanism will work. The sender can have money withdrawn from his/her account through ATM machines, he said. "The intermediary processes the payment, and sends a code to the recipient on his mobile that allows him to withdraw the money from any nearby bank's ATM," he said. Rajan asserted that systems will take care of all the issues around security including safeguards of customer identification, transaction validation and velocity checks. Calling this as one of the benefits of the modern technology, Rajan conceded that mobile companies are already providing such services and laid emphasis on the need for more such innovative products.

Outlook, 13 February, 2014, http://news.outlookindia.com/items.aspx?artid=828853

Tagged with: Financial Inclusion banking

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"Session 3: Future of Digitalisation in Agriculture" in Exploring...

• Public Spending on Agriculture in India (Source: Foundation for...
• Agrarian Change Seminar: 'Protests against the New Farm Laws...
• Webinar: Ramrao - The Story of India's Farm Crisis...
• Water and Agricultural Transformation in India: A Symbiotic Relationship...
• More...

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