Banks may also consider rolling out a comprehensive e-surveillance mechanism at the ATMs to ensure timely alerts and quick response.
India has one of the lowest ratios of ATM cash withdrawal relative to cash in circulation, revealed the report titled 'Benchmarking India's Payment Systems'.
Though the cost of servicing customers via ATMs is cheaper than the cost of servicing them at the counter, banks favour imposing limits to contain footfalls.
As per the latest report, of 222 bank branches in Puri district, 180 are functioning and 75 out of 275 ATMs in Puri town have been made functional.
The number of automated teller machines in the country shrank in the past two years despite an increase in transactions
The situation turned worse as cashless transactions were declined at most of the departmental stores, shops and petrol pumps.
The SCB officials do not seem to be in a hurry to get them repaired even as summer is approaching as the water ATMs have remained non-functional for close to eight months.
A majority of ATMs in the city have gone dry due to the bankers’ strike on Friday and the following weekend, causing much inconvenience to the public.
The union is demanding full and unconditional mandate for the 11th bi-partite wage revision talks based on charter of demands submitted in May 2017.
Banks will remain closed from next Friday to Wednesday, except Monday and the banking services could adversely be affected on these days.
An inter-state gang of fraudsters who targeted unguarded ATMs centers and looted money were nabbed by the Hyderabad police on Monday.
This is the latest of several KMC projects to help women become self-sufficient, another being opening a canteen, again in collaboration with an NGO.
Just11 months after 140 mineral water ATMs were installed across the city, most of them have gone dry.
Keeping this in view Andhra Bank, being a lead bank in the district, has deployed mobile ATM vehicles in the cyclone-affected areas.
The new cash withdrawal limit will come into effect from October 31.