Editorji is a popular short video news and information platform based in India. It was founded in 2018 by Vikram Chandra, one of India’s leading journalists, and has risen to prominence in the digital news space in a relatively short span of time. The platform is primarily designed for mobile devices, with applications available for Android and iOS.

ABOUT US:

about us editorji

Latest Video News: Editorji provides the latest news video headlines, latest videos clip from India and the World. Get all breaking news videos on Entertainment, Business, Coronavirus, Elections, Politics and more.

Latest Video News, Breaking News, Bollywood, Political, Sports, Business News | Editorji

+91 11 4035 6666 / info@editorji.com
3rd floor, Plot B, Khasara no 360, Sultanpur, New Delhi, Delhi 110030
<a title="mail to us" href="mailto:info@editorji.com">Send Feedback</a>
<a title="Contact Us" href="mailto:info@editorji.com">Contact Us</a>

REACH US

Contact for any questions, suggestions, comments, feedback or advertisement on Editorji.com, we are always looking forward to hearing from you.

Contact Us for Feedback, Suggestions and Advertising 

Editorji content is better experienced in our app.

Despite the usage of cash in the economy, experts believe that adoption of digital payment has also increased over the years in the Indian economy

Cash is still the king in India as ATMs withdrawals rise 235% since 2016 demonetization

Despite the usage of cash in the economy, experts believe that adoption of digital payment has also increased over the years in the Indian economy

Despite analysts talk about the relevance and importance of ₹2000 currency note in the Indian economy, cash continues to attract Indians the most as the medium of exchange, suggests a report titled 'CMS India Cash Vibrancy Report 2023' by CMS Info Systems.
According to the report, the ATM cash withdrawals zoomed 235 per cent to Rs 2.84 lakh crore in March 2023 in a matter of 76 months after demonetization.
The findings in the "India Cash Vibrancy Report 2023" released by CMS Info Systems showed that the cash in circulation (CIC) in the Indian economy dipped sharply after demonetisation but has more than doubled since then.
Currency in circulation (CIC) in India has been on a steady rise. After touching 8. 7 percent in 2016, India&rsquo;s CIC to GDP ratio has averaged close to 12. 4 percent, which is higher than the 10-year average of 11. 8 percent. &ldquo;We have seen 10. 1% growth in monthly average cash replenishment at ATMs and a strong 1. 3X increase in average cash collection per point with e-commerce companies in FY23,&rdquo; said Anush Raghavan, president, cash management services, CMS Info Systems.
Maharashtra, Gujarat, Tamil Nadu, Karnataka, and Uttar Pradesh together accounted for 43. 1% of the total ATM cash replenished by CMS Info Systems across the country. Incidentally, these are the top 5 states with maximum gross state domestic product (GSDP) in fiscal year 2022, according to CMS Infosystems.
&nbsp;

The police said that the robbery method in both cases is identical and therefore it could be the work of the same gang. 

Watch: thieves steal Rs 38 lakh from ATMs in Rajasthan's Ajmer

Thieves uprooted ATM machines in Rajasthan's Ajmer and stole cash from them on January 26, according to news agency ANI. 

The police said that the robbery method in both cases is identical and therefore it could be the work of the same gang.&nbsp;

Thieves uprooted ATM machines in Rajasthan's Ajmer and stole cash from them on January 26, according to news agency ANI.&nbsp;
According to the police, ATM machines were looted in Arain and Roopangarh area and cash worth Rs. 8 lakhs and Rs. 30 lakhs was stolen. The police said that the robbery method in both cases is identical and therefore it could be the work of the same gang.&nbsp;
A CCTV video shared by ANI shows 2 people entering the ATM and dismantling the machine to steal cash.&nbsp;
Also Watch: <a href="https://www.editorji.com/india-news/india-issues-notice-to-pakistan-for-intransigence-over-indus-waters-treaty-1674803224951">India issues notice to Pakistan for 'intransigence' over Indus Waters Treaty</a>

Unexpected incidents keep on happening in our daily lives but the ones which bring a smile to the face are the best and most unforgettable ones. And what if you get some cash luckily that doesn't belong to you.
One such incident has been reported in Maharashtra’s Nagpur district. A man went to the ATM of a private bank in Khaparkheda town to withdraw ₹500 but instead of getting 5 notes of ₹100, he got 5 notes of ₹500 so in total ₹2500. The man got surprised when he got ₹2,500. He repeated the process to try his luck and got the same results.
After the news surfaced a huge crowd gathered outside the ATM to try the same thing. After some time local police reached the spot to shut down the ATM and informed the bank. The official said there was some technical glitch due to which ATM dispensed extra money. 

Watch: ATM machine dispenses extra money, Man got ₹2500 instead of ₹500

A man went to the ATM to withdraw ₹500 but instead of getting 5 notes of ₹100, he got 5 notes of ₹500 which is a total of ₹2500.

Who doesn't want extra money? And if that money comes to you by by sheer stroke of luck then even better.&nbsp;
One such incident has been reported in Maharashtra&rsquo;s Nagpur district. A man went to the ATM of a private bank to withdraw ₹500 but instead of getting 5 notes of ₹100, he got 5 notes of ₹500 which is a total of ₹2500. Surprised, he repeated the process to try his luck and got the same results.
After the news spread a huge crowd gathered outside the ATM to try the same thing. After some time local police reached the spot to shut down the ATM and informed the bank.&nbsp; The official said there was some technical glitch due to which ATM dispensed extra money.
ALSO WATCH: <a href="https://www.editorji.com/india-news/local/watch-it-s-raining-cash-in-hyderbad-man-seen-throwing-cash-in-the-air-1655297311089" target="_blank">Watch: it's raining cash in Hyderbad! Man seen throwing cash in the air</a>&nbsp;

 pack of thieves accidentally burned currency notes while trying to break open an ATM.
A Canara Bank ATM machine in Bengaluru's Parappana Agrahara area was broken open by thieves using a gas cutter when they accidentally burned notes worth Rs 19 lakh. 
According to media reports, 2,965 currency notes of Rs 100 denomination, 1,911 notes of Rs 200 denomination and 2,573 notes of Rs 500 denominations amounting to Rs 19.65 lakh were in the ATM which was destroyed as thieves tried to open it with a gas cutter. 
The police have registered a case for burglary and punishment for attempting to commit offences against the perpetrators.
A complaint registered by the private company responsible for the maintenance of the ATM kiosk said the incident took place between May 14-15. There was almost a week's delay between the theft and filing of the complaint, according to reports. 

Thieves break open ATM, set cash worth over Rs 19 lakh on fire

2,965 currency notes of Rs 100 denomination, 1,911 notes of Rs 200 denomination and 2,573 notes of Rs 500 denominations amounting to Rs 19.65 lakh&nbsp;were in the ATM.

A pack of thieves accidentally burned currency notes while trying to break open an ATM.
A&nbsp;Canara&nbsp;Bank ATM&nbsp;machine in Bengaluru's&nbsp;Parappana&nbsp;Agrahara&nbsp;area was broke open by thieves using a gas cutter when they accidentally burned notes worth Rs 19 lakh.&nbsp;
According to media reports, 2,965 currency notes of Rs 100 denomination, 1,911 notes of Rs 200 denomination and 2,573 notes of Rs 500 denominations amounting to Rs 19.65 lakh&nbsp;were in the ATM&nbsp;which was destroyed as thieves tried to open it with a gas cutter.&nbsp;
ALSO WATCH:&nbsp;<a href="https://www.editorji.com/world-news/voil-man-discovers-huge-cash-bundle-inside-his-old-playstation-1653474667919" target="_blank">Voil&agrave;! Man discovers huge cash bundle inside his old PlayStation</a>
The police have registered a case for burglary and punishment for attempting to commit offences against the perpetrators.
A complaint&nbsp;registered by the private company responsible for the maintenance&nbsp;of the ATM&nbsp;kiosk said the incident took place between May 14-15. There was almost a week's delay between the theft and filing of the complaint, according to reports.&nbsp;

Amid the continuing crisis in Sri Lanka, the situation in Pakistan seems to be worsening too. Former Pakistani cricketer posted a damning tweet on May 25, slamming the situation in Lahore.
Mohammad Hafeez tweeted that no petrol was available in any petrol station in Lahore, and no cash was available in ATM machines. Hafeez asked why a common man has to suffer due to political decisions. He also tagged current PM Shehbaz Sharif, former PM Imran Khan, minister Bilawal Bhutto, and PML-N leader Maryam Sharif in the tweet.
The former cricketer's statement came amid reports that the Pakistan government is exploring options to conserve amount of fuel consumed in the country. The Sharif government is considering whether to reduce the number of working days to save an estimated $2.7 billion in foreign exchange.

'No petrol, cash in Lahore?': Pakistan ex-cricketer slams PM Shehbaz Sharif, Imran Khan

Former Pakistani cricketer Mohammad Hafeez's statement came amid reports that the Pakistan government is exploring options to conserve amount of fuel consumed in the country.

Amid the continuing crisis in Sri Lanka, the situation in Pakistan seems to be worsening too. Former Pakistani cricketer posted a damning tweet on May 25, slamming the situation in Lahore.
Mohammad Hafeez suggested that no petrol was available at fuel stations in Lahore, and no cash was available in ATM machines. Hafeez asked why a common man has to suffer due to political decisions. He also tagged current PM Shehbaz Sharif, former PM Imran Khan, minister Bilawal Bhutto, and PML-N leader Maryam Sharif in the tweet.
ALSO WATCH | <a href="https://www.editorji.com/world-news/pakistan-ex-minister-kidnapped-by-police-shireen-mazari-s-daughter-s-claim-imran-khan-slams-sharif-1653143529151" target="_blank">Pakistan ex-minister 'kidnapped' by police: Shireen Mazari's daughter's claim; Imran Khan slams Sharif</a>
The former cricketer's statement came amid reports that the Pakistan government is exploring options to conserve amount of fuel consumed in the country. The Sharif government is considering whether to reduce the number of working days to save an estimated $2.7 billion in foreign exchange.

In what is being called 'Money Heist 2023' online, thieves in Maharashtra's Sangli used an excavator to dig out an ATM from the booth. 
In a CCTV video that has gone viral, the excavator can be seen entering the ATM booth while completely destroying the door. 
The machine then proceeds to claw out the outer covering of the ATM. The excavator smashes the ATM screen to smithereens before yanking it off from the base. It then proceeds to pull the entire machine towards it and subsequently takes it out of the booth. 

WATCH | Thieves use an excavator to steal money from ATM

In what is being called 'Money Heist 2023' online, thieves in Maharashtra's Sangli used an excavator to dig out an ATM from the booth. 

Excavator used to steal ATM&nbsp;money
Excavator uproots ATM&nbsp;from kiosk
'Money Heist 2023': social media impressed
&nbsp;
&nbsp;
https://twitter.com/Gsk339/status/1518349762117914631

In a CCTV&nbsp;video that has gone viral, the excavator can be seen entering the ATM&nbsp;booth while completely destroying the door.&nbsp;

In what is being called 'Money Heist 2023' online,&nbsp;thieves in Maharashtra's Sangli used an excavator to dig out an ATM&nbsp;from the booth.&nbsp;
In a CCTV&nbsp;video that has gone viral, the excavator can be seen entering the ATM&nbsp;booth while completely destroying the door.&nbsp;
The machine then proceeds to claw out the outer covering of the ATM. The excavator smashes the ATM&nbsp;screen to smithereens&nbsp;before yanking it off from the base. It then proceeds to pull the entire machine towards it and subsequently takes it out of the booth.&nbsp;
Also watch: <a href="https://www.editorji.com/india-news/local/watch-thief-gets-stuck-in-hole-drilled-by-him-to-steal-from-temple-1649324688922">thief gets stuck in hole drilled by him to steal from temple</a>

If you've forgotten your debit card at home when you're out and wondering how to withdraw cash, then this new policy change is fo you!
The Reserve Bank of India (RBI), in its one of the key decisions in Monetary Policy Committee (MPC) has proposed to make cardless cash withdrawal facility available at all ATMs, through the Unified Payment Interface (UPI). 
Here's how you can withdraw cash without your card-To withdraw cash without a card, you will need a UPI ID, The transactions will be authenticated via UPI.
-Once you enter the ATM, you will have to choose the “Cashless Withdrawal” option on the screen.
-The ATM screen will then show a QR code that needs to be scanned within a UPI app.
-Then the user will enter the UPI pin and the cash will pop out of the ATM machine
As per experts, this system will curb ATM frauds as it uses mobile PIN to generate cash. However, not many banks have this facility yet and there is a daily transaction limit. This ranges from Rs 10,000 to Rs 25,000, as per the facilities offered by the particular bank. 

Explained: how to withdraw cash at ATM without a card

This cardless facility will curb ATM frauds but as of now not many banks have this facility yet and there is a daily transaction limit. This ranges from Rs 10,000 to Rs 25,000, as per the facilities offered by the particular bank. 

&nbsp;
&nbsp;
&nbsp;

The cardholder mostly has to use a mobile banking app and raise a request to withdraw cash at the ATMs if they do not possess their debit cards.

In a bid to go truly digital, the Reserve Bank of India (RBI) announced that cardless cash withdrawal facility will be available at all ATMs&nbsp;soon. So how exactly will cash withdrawal without card work? It all routed back to the UPI&nbsp; Also read/watch |&nbsp;<a title="Elon Musk decides not to join Twitter board, CEO Parag Agrawal tweets" href="https://www.editorji.com/business-news/elon-musk-decides-not-to-join-twitter-board-ceo-parag-agrawal-tweets-1649649073820">Elon Musk decides not to join Twitter board, CEO Parag Agrawal tweets</a> &nbsp;
Here's how you can&nbsp;withdraw cash without your card
<ul>
<li>To withdraw cash without a card, you will need a UPI ID, The transactions will be authenticated via UPI.</li>
<li>Once you enter the ATM, you can choose the &ldquo;Cashless Withdrawal&rdquo; option on the screen.</li>
<li>The ATM screen will then show a QR code that needs to be scanned within a UPI app.</li>
<li>Then the user will enter the UPI pin and the cash will be dispensed from&nbsp;the ATM machine</li>
</ul>
Cardless cash withdrawal will curb ATM frauds but as of now not many banks have this facility yet and there is a daily transaction limit. This ranges from Rs&nbsp;10,000 to Rs 25,000, as per the facilities offered by the particular bank.&nbsp;

Suryoday Small Finance Bank informed its customers on Tuesday that it will shut down its automated teller machines (ATMs).&nbsp;&nbsp;The bank said it will give users the option to use their debit card at ATMs of other banks as the bank will shut down its ATMs from October 1.In a testament of a big move to digital transactions, the small finance bank said that ATM&nbsp;usage had dropped drastically and it was not viable to run the cash vending points. The MD of the bank was quoted as saying&nbsp;"We realised that far too many customers were not using our ATMs, we could not make it a profit centre, hence we decided that we give customers free transactions on other bank ATMs rather than continuing to keep these machines".Suryoday Small Finance Bank has 26 ATMs and 550 branches.

This bank has shutdown its ATMs due to low usage

This bank has shut all it's ATMs

The small finance bank said s not many people were using their ATMs, so it became a viability issue.

Suryoday Small Finance Bank informed its customers on Tuesday that it will shut down its automated teller machines (ATMs).&nbsp;&nbsp;The bank said it will give users the option to use their debit card at ATMs of other banks as the bank will shut down its ATMs from October 1. In a testament of a big move to digital transactions, the small finance bank said that ATM&nbsp;usage had dropped drastically and it was not viable to run the cash vending points. The MD of the bank was quoted as saying&nbsp;"We realised that far too many customers were not using our ATMs, we could not make it a profit centre, hence we decided that we give customers free transactions on other bank ATMs rather than continuing to keep these machines". Suryoday Small Finance Bank has 26 ATMs and 550 branches.

You have seen shikaras and floating vegetable markets on the Srinagar's iconic Dal Lake. Now there is ATM too.
State Bank of India has opened a floating ATM on a houseboat on the lake that is a star tourist attraction in the Valley.
The ATM was inaugurated by SBI chiarman Dinesh Khara on August 16. The largest bank in the country hopes that it will be an added attraction to the "charm of Srinagar"
The Dal Lake also hosts a floating post office.

Watch: SBI opens floating ATM on Srinagar Dal Lake

You have seen shikaras and floating vegetable markets on the Srinagar's iconic Dal Lake. Now there is ATM too, courtesy State Bank of India

You have seen shikaras and floating vegetable markets on the Srinagar's iconic Dal Lake. Now there is ATM too.
State Bank of India has opened a floating ATM on a houseboat on the lake that is a star tourist attraction in the Valley.
The ATM was inaugurated by SBI chiarman Dinesh Khara on August 16. The largest bank in the country hopes that it will be an added attraction to the "charm of Srinagar"
The Dal Lake also hosts a floating post office.

You have seen shikaras and floating vegetable markets on the Srinagar's iconic Dal Lake. Now there is ATM too, courtesy State Bank of India

Tired of standing in ATM&nbsp;queues just to realise that the ATM&nbsp;was out of cash when your turn came? Well that situation is set to change. Keeping in mind customer ease and care the RBI&nbsp;has&nbsp;has directed all banks to ensure that ATMs never run out of cash or else a penalty will be levied.&nbsp;The RBI has launched the &lsquo;Scheme of Penalty for non-replenishment of ATMs&rsquo;, which will come into effect in October. Under the scheme, a penalty of Rs 10,000 per ATM will be levied if they are out of cash for more than 10 hours per month.RBI said in a statement: &ldquo;A review of downtime of ATMs due to cash-outs was undertaken and it was observed that ATM operations affected by cash-outs lead to non-availability of cash and cause avoidable inconvenience to the members of the public.&rdquo;

RBI to banks: ATMs out of cash, get ready to pay a penalty

Click here to know how RBI&nbsp;is ensuring your ATM&nbsp;does not run out of cash

From October 1, 2021, banks will have to pay a fine to the RBI if they are unable to monitor the availability of cash in ATMs and make sure there are no cash-out situations.

Tired of standing in ATM&nbsp;queues just to realise that the ATM&nbsp;was out of cash when your turn came? Well that situation is set to change. Keeping in mind customer ease and care the RBI&nbsp;has&nbsp;has directed all banks to ensure that ATMs never run out of cash or else a penalty will be levied.&nbsp; The RBI has launched the &lsquo;Scheme of Penalty for non-replenishment of ATMs&rsquo;, which will come into effect in October. Under the scheme, a penalty of Rs 10,000 per ATM will be levied if they are out of cash for more than 10 hours per month. RBI said in a statement: &ldquo;A review of downtime of ATMs due to cash-outs was undertaken and it was observed that ATM operations affected by cash-outs lead to non-availability of cash and cause avoidable inconvenience to the members of the public.&rdquo;

India's largest lender&nbsp;State Bank of India will charge its customers for cash withdrawal after four free transactions in a month and also for a cheque book beyond 10 leaves in a year.
With effect from July&nbsp;1,&nbsp;customers will have to pay ₹15 plus GST per cash withdrawal for transactions at branches, SBI or other bank's ATMs beyond 4 free cash withdrawals.
A charge of ₹40 plus GST will be levied on a 10 leaf cheque book, while it is&nbsp;₹75 plus GST on 25 leaf cheque book.

SBI new cash withdrawal, cheque book charges from July 1

Get ready to pay more for banking transactions! Here is what it will cost you take out money or if you ask for a&nbsp;chequebook.&nbsp;

SBI ATM withdrawal charges from July 1

India's largest lender&nbsp;State Bank of India will charge its customers for cash withdrawal after four free transactions in a month and also for a cheque book beyond 10 leaves in a year.
With effect from July&nbsp;1,&nbsp;customers will have to pay ₹15 plus GST per cash withdrawal for transactions at branches, SBI or other bank's ATMs beyond 4 free cash withdrawals.
A charge of ₹40 plus GST will be levied on a 10 leaf cheque book, while it is&nbsp;₹75 plus GST on 25 leaf cheque book.

SBI to charge customers for cash withdrawal after 4 free transactions in a month and also for a cheque book beyond 10 leaves in a year.

Get ready to be charged more for taking out cash from an ATM.The Reserve Bank of India on Thursday allowed banks to raise charges on automated teller machines to Rs 21 per transaction
This however is not applicable immediately, this will come into effect from January 1, 2022, post which you will be charged the amount after you exhaust your free transaction limit which is set at 3 in metro cities and 5 in non-metros.&nbsp;RBI&nbsp;has also hiked the interchange fee per transaction from Rs 15 to Rs 17 for financial transactions and from Rs 5 to Rs 6 for non-financial transactions in all centres, effective August 1, 2021.

Pay more to use ATM, RBI raises charges on ATM withdrawals

Get ready to be charged more for taking out cash from an ATM.The Reserve Bank of India on Thursday allowed banks to raise charges on ATM&nbsp;transactions.&nbsp;

Get ready to be charged more for taking out cash from an ATM.The Reserve Bank of India on Thursday allowed banks to raise charges on automated teller machines to Rs 21 per transaction
This however is not applicable immediately, this will come into effect from January 1, 2022, post which you will be charged the amount after you exhaust your free transaction limit which is set at 3 in metro cities and 5 in non-metros.&nbsp; RBI&nbsp;has also hiked the interchange fee per transaction from Rs 15 to Rs 17 for financial transactions and from Rs 5 to Rs 6 for non-financial transactions in all centres, effective August 1, 2021.

Face masks and hand sanitisers have become a major part of our lives since the start of the pandemic and have been serving as our armour in combat.
Bottles of hand sanitiser kept at the entrances of homes, offices, restaurants have become a common sight in the past year.
However, with the ongoing surge in Covid&nbsp;cases, some of these products have got a decline in their supply. The shortage of these products led to a man unable to control his urge to steal a bottle of&nbsp;hand sanitiser from an ATM kiosk.
The man was caught on CCTV camera withdrawing money, and later approaching a bottle of hand sanitiser. Later he is seen simply&nbsp;walking away with the bottle of the sanitiser like it was no big deal.
The video from earlier this week went viral on social media with people slamming the man for his bizarre act. 

Watch: Man steals hand sanitiser from ATM kiosk, video goes viral

Face masks and hand sanitisers have become a major part of our lives since the start of the pandemic and have been serving as our armour in combat.
Bottles of hand sanitiser kept at the entrances of homes, offices, restaurants have become a common sight in the past year.
 However, with the ongoing surge in Covid&nbsp;cases, some of these products have got a decline in their supply. The shortage of these products led to a man unable to control his urge to steal a bottle of&nbsp;hand sanitiser from an ATM kiosk.
The man was caught on CCTV camera withdrawing money, and later approaching a bottle of hand sanitiser. Later he is seen simply&nbsp;walking away with the bottle of the sanitiser like it was no big deal.
The video from earlier this week went viral on social media with people slamming the man for his bizarre act.

A video of a man&nbsp;stealing a bottle of&nbsp;hand sanitiser from an ATM kiosk has gone viral, with netizens&nbsp;reacting by saying hum nahi sudhrenge.
The man was caught on CCTV camera withdrawing money, and later approaching a bottle of hand sanitiser. He is seen simply&nbsp;walking away with the bottle of the sanitiser like it was no big deal.
The video from earlier this week went viral on social media with people slamming the man for his bizarre act.

Fear of extending lockdowns&nbsp;is leading to cash withdrawals&nbsp;at a faster pace, the currency held by public jumpers by over Rs 30,000 cr for the 2-week period ended April 9 as per RBI&nbsp;data. This jump is equal to the withdrawal number for two months of December &amp; January combined. Cash holding with the public now is at a record high of Rs 27.8 lakh&nbsp;crore.&nbsp;Rise in uncertainties over Covid&nbsp;is leading to the people preferring cash, the same phenomena was observed between March and June 2020, people withdrew cash heavily as dependence on cash transactions rose.

Covid uncertainty leads to rush at ATMs, cash holding with public soars to record high

As Covid uncertainty&nbsp;rises people return to their preference for&nbsp;cash leading to&nbsp;record high holding of currency with the public.&nbsp;

Cash is king, withdrawals escalate as lockdown fears rise

Fear of extending lockdowns&nbsp;is leading to cash withdrawals&nbsp;at a faster pace, the currency held by the public jumped by over ₹30,000 crore for the 2-week period ended April 9, as per RBI&nbsp;data. This jump is equal to the withdrawal number for the two months of December and January combined. Cash holding with the public now is at a record high of ₹27.8 lakh&nbsp;crore.&nbsp; A rise in uncertainties over Covid&nbsp;is leading to the people preferring cash, the same phenomena was observed between March and June 2020 when people withdrew cash heavily as dependence on cash transactions rose.

Up to four unauthorised transactions made from Someswar Hazarika’s bank account after his ATM card was hacked; case registered at Biswanath police station.

atm

Categories