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Soon all banks ATM networks will offer cardless cash withdrawals: RBI

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The Reserve Bank of India agreed on Friday to allow all banks to adopt card-less cash withdrawals through ATMs to combat fraud.

Currently, cardless cash withdrawals using ATMs are an allowed mode of transaction offered on an ‘on-us’ basis by a few banks in the country (for their customers at their ATMs).

“It is now suggested to use the UPI to make card-less cash withdrawals available across all banks and ATM networks. The elimination of the necessity for a real card for such transactions would help avoid frauds such as card skimming, card cloning, and so on, in addition to making transactions easier “While introducing the bi-monthly monetary policy review, RBI Governor Shaktikanta Das stated.

Customers would be able to authorize transactions using the Unified Payments Interface (UPI), with settlement taking place through ATM networks, according to a statement on Developmental and Regulatory Policies.

Separate instructions would be sent to NPCI, ATM networks, and banks shortly, according to the statement.

Das described the Bharat Bill Payment System (BBPS) as an interoperable bill payment network that has experienced a growth in the number of bill payments and billers over time.

It is proposed to reduce the net worth requirement of non-bank Bharat Bill Payment Operating Units from Rs 100 crore to Rs 25 crore to facilitate greater bill payment penetration through the BBPS and to encourage the participation of a greater number of non-bank Bharat Bill Payment Operating Units in the BBPS.

The essential regulatory changes will be implemented as soon as possible.

Under the BBPS, there are a variety of benefits available.

A standardized billing experience, a centralized customer grievance resolution process, a mandated customer convenience charge, and other perks are available to BBPS users.

BBPS is an interoperable bill payment platform that serves all types of billers who send out recurring bills.

The number of non-bank Bharat Bill Payment Operating Units has not increased in lockstep (BBPOUs).

Maintaining the safety and security of payment systems is a crucial priority of the RBI, according to the statement, because they play a catalytic role in encouraging financial inclusion and fostering financial stability.

It is critical to guarantee that payment system infrastructures are not only efficient and effective but also resilient to traditional and emerging risks, particularly those related to cyber security, as the use of digital payment modalities grows.

“It is recommended to establish guidelines on Cyber Resilience and Payment Security Controls for Payment System Operators to ensure that our payment systems remain resilient to traditional and emerging risks, particularly those connected to cyber security,” he stated.

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Navi Mumbai Cancels Invitations to Newly Elected Corporators for Republic Day Ceremonies

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School principals to hoist the national flag following administrative delays.

The Flag Hoisting

The Navi Mumbai Municipal Corporation (NMMC) has cancelled invitations extended to newly elected corporators for Republic Day flag-hoisting ceremonies in civic schools this year, citing administrative and procedural delays.

Although the municipal elections have concluded, the first general body meeting of the newly elected corporators is yet to take place. In view of this, the NMMC education department has issued revised instructions for the January 26 celebrations across all municipal schools. As per the new directive, school principals will themselves conduct the flag-hoisting ceremonies, and corporators will not be invited to preside over the events.

Officials clarified that any earlier circulars or communications instructing schools to invite corporators should be treated as cancelled. In cases where invitation letters have already been sent, school principals have been directed to inform the concerned corporators about the revised decision and explain the administrative reasons behind the change.

The move has been described as a temporary arrangement until formal procedures related to the newly elected body are completed. The education department has emphasized that the decision is purely administrative and not political in nature.

Despite the change, the NMMC has instructed all schools to ensure that Republic Day celebrations are conducted with full enthusiasm, discipline and respect for national values. Principals have been asked to strictly adhere to the guidelines and ensure smooth conduct of the programme.

The decision has drawn attention as it comes soon after the municipal elections, highlighting the impact of procedural delays on official civic events.

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1111-Feet Tricolor Yatra Fills Navi Mumbai with Patriotic Zeal

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ABVP initiative sees thousands of students participate spontaneously ahead of Republic Day.

The Initiative

Patriotic fervour gripped Navi Mumbai as the Akhil Bharatiya Vidyarthi Parishad (ABVP) organised a massive 1,111-feet-long Tricolor Yatra, witnessing spontaneous participation from thousands of students and citizens on the eve of Republic Day.

The yatra was held as part of Youth Week celebrations and to mark the birth anniversary of Netaji Subhas Chandra Bose, with the objective of inspiring nationalism, unity and social responsibility among the youth. Students marched proudly while holding the enormous national flag, raising slogans such as “Bharat Mata Ki Jai,” “Vande Mataram” and “Jai Hind,” creating an atmosphere charged with patriotic emotion.

The rally began at Blue Diamond Chowk, Vashi, and culminated at Rajiv Gandhi College of Arts, Commerce and Science, Sector 10A, where a short programme was organised. Speakers highlighted the role of students in nation-building and appealed to the youth to actively contribute to society beyond academics.

Prominent attendees included ABVP state minister Rahul Rajoria, sports coordinator Arpita Malik, and college principal Dr Basukinath Pandey, who praised the enthusiasm and discipline shown by the participants. They urged students to uphold constitutional values and remain socially responsible citizens.

The event’s smooth execution was attributed to the efforts of Dr Akshay Shet and more than 100 volunteers. Participants and local residents said the Tricolor Yatra strengthened the sense of unity and national pride, making it a memorable and inspiring pre-Republic Day event for Navi Mumbai.

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Garbage Piles Become Major Issue Ahead of Uran Elections

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With the Uran civic elections approaching, local residents and political observers are raising serious concerns about the persistent garbage problem across the area. Overflowing waste on main roads and traffic lanes has emerged as a key issue in the election campaign, with voters expressing frustration over poor civic management.

Several key thoroughfares in Uran, especially around busy intersections and residential localities, have been seen strewn with garbage that has not been collected for days. Piles of waste are causing traffic disruptions, foul odour and unhygienic conditions, prompting complaints from commuters, shopkeepers and local residents.

Civic activists and opposition leaders have criticised the local administration for its failure to ensure regular garbage collection and proper waste disposal. They say that poor sanitation has not only affected the appearance of the town but also posed health risks, especially during peak summer months.

Residents pointed out that despite repeated assurances from officials, garbage is frequently left uncollected in several areas, leading to water logging and breeding of insects. Many voters have highlighted this issue as a priority concern affecting their daily lives and have demanded immediate action from authorities.

Political parties contesting the Uran elections have responded by promising stricter monitoring of waste collection, improvement in street cleaning, and deployment of more resources for solid waste management.

As election day approaches, garbage disposal and civic cleanliness have become central themes in public discussions, reflecting growing citizen demand for improved basic services and accountable governance.

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