Comments
To mitigate risks in ATM operations and enhance security, the Reserve Bank of India, on Friday, directed banks to replenish cash in ATMs only with digital One-Time Combination (OTC) locks.
Further, all ATMs have to be grouted to a structure (wall, pillar, floor) by September 30, 2019, except for ATMs installed in highly secured premises such as airports, which have adequate CCTV coverage and are guarded by State/Central security personnel.
The RBI said banks may also consider rolling out a comprehensive e-surveillance mechanism at ATMs to ensure timely alerts and quick response. The RBI said the measures should be implemented, in addition to the existing instructions, practices and guidance issued by it and law enforcement agencies.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.