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Updated: Aug 11, 2021, 04:35 PM IST

Starting October 1 RBI to levy penalty on ATMs that run out of cash

The RBI will start imposing penalty on banks in case the ATMs remain out-of-cash for a total period of 10 hours in a month from October 1, 2021, onwards.

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The RBI will start imposing penalty on banks in case the ATMs remain out-of-cash for a total period of 10 hours in a month from October 1, 2021, onwards.

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