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BM Finance Fundas: New UPI feature: Soon, you can deposit cash through UPI at ATMs

The Reserve Bank of India (RBI) has now enabled a cash deposit facility through UPI at ATMs. Customers can soon deposit cash at cash deposit machines (CDMs) at banks and ATMs through UPI app, announces the central bank. ....

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How to use UPI-ATM? Here's how it's different from existing cardless cash transactions

Up to Rs 10,000 can be withdrawn in a single transaction ....

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UPI-ATM launched: Forget debit card, you can withdraw money from ATM using UPI; how to use it

A UPI-ATM allows you to withdraw cash from your bank accounts using the United Payments Interface (UPI) applications. It offers you the same convenience of cardless cash withdrawal. The UPI-ATM is simple to use, secure, and effortless, says Sumil Vikamsey, Managing Director & CEO - Cash Business, Hitachi Payment Services. Know how to withdraw money from UPI-ATM. ....

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FPIs pull out Rs 15,800 crore from cash market in August

According to ICICI Securities, for July 2023, FPI portfolios bought across sectors and continue to load up risk (beta and value stocks) while MFs saw mixed trends. ....

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