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-Although the abbreviation of ATM is 'Automated Teller Machine', It's quite popular as 'Any Time Money' because public can withdraw money from them round the clock. If the latest buzz is any indication, This is going to change soon and ATMs may remain shut for close to 7 hours per day.
In the coming days, There is a possibility of stopping the practice of keeping ATMs open for 24 hours. They might be closed down at 11 PM and reopened at 6 AM. Security Reasons and Cutting down maintenance cost are the major reasons cited for such a possibility.
Recently, Police Officials held a meeting with Bankers in Cyberabad. A decision has been reached that ATMs at locations where the demand is low should be closed. In the outskirts of Hyd, ATMs had been misused by the cyber criminals. To prevent any such practices, Cops and Bankers were considering delinking or shutting down ATMs from 11 PM to 6 AM. This rule might be applied for ATMs in which less than 5 transactions happen on an average at night.
If the rule is implemented, The hardships faced by public since demonetisation would only increase. No cash boards have been placed at many of the ATMs for days already.
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Watch Awareness On Cash Less Transactions | Tax On Gold Holdings Money Money (02-12-2016) | iNews With HD Quality
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Watch ATMs Centers Remain Open From Today With New Currency | iNews With HD Quality
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Banks Remain Open Today Customers Waiting In Long Queues At Banks and ATMs iNews
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Watch Stock Markets Remain Profits After 6 Weeks | Money Money (09-12-2016) | iNews With HD Quality
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Stock Markets Closed with Slightly Loss | Money Money(02-09-2016) | iNews
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Watch My other Vlogs -
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Watch My Disney Princess to Indian Wedding Series here - Its fun to watch Indian Avatar of Disney Princesses -
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Love Affordable Makeup - Checkout What's new in Affordable -
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Here is my Get UNREADY With Me -
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