-The Economic Times Prime Minister Narendra Modi wants India to go cashless. And it seems that automated teller machines, or ATMs, have been taking the lead ever since the demonetisation drive began. They are absolutely what PM wants the economy to be — cashless. The result: people's frustration is building up because ATMs are either getting emptied faster than they are refilled, or they are just not working. ET reports from commercial hubs...

-Livemint.com With banks and ATMs under water, people were able to draw cash from Aadhaar-enabled micro-ATMs New Delhi: When heavy rains marooned large parts of Tamil Nadu, banking correspondents (BC) armed with Aadhaar-enabled micro-ATMs fanned out to help people retrieve cash from their bank accounts. The flood swept away many belongings including the bank pass book, debit card and other identification documents of S. Sangeetha, 28, who lives in Anumandai village in...

-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...

The government may allow post offices to set up automated teller machines, or ATMs , at rural areas, in an attempt to further strengthen the role of India Post in financial inclusion. India Post, which is working on major improvements in the payment process for social sector schemes like NREGA, will set up ATM networks in selected areas to give people access to online banking services. "Central, state and local governments are...

Maharashtra weeded out 2.9 million bogus ration cards last year, launching an identity verification drive to make the system foolproof. Residents had to provide electoral roll numbers, electricity bills and rent receipts to receive a ration card. Migrants had to present an official document confirming their change in residence. That led to the exclusion of many poor, homeless and migrant families as they lacked the necessary papers. This is the kind...