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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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Housing Society Secretary Stabbed Over Elevator Dispute Near Navi Mumbai

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Police arrest two men after an argument over a lift-related issue at a housing society turns violent.

The Case

The incident took place at Ashtavinayak Society in Adai village, Panvel taluka, around 11 pm on Tuesday. According to police, the dispute began over the society’s elevator repeatedly malfunctioning.

The victim, Vaibhav Ramchandra Patil, 43, was called to the ground floor by one of the accused, Vishwas Bhaskar Jadhav, 31, to discuss the lift problem. Jadhav was accompanied by Hrishikesh Suresh Satpute, 36. During the argument, Satpute allegedly attacked Patil with a knife, injuring his neck, chest, abdomen, back and thigh. Patil’s wife reportedly tried to intervene, but the accused allegedly pushed her away.

The entire incident was captured on CCTV cameras installed near the ground-floor elevator. Patil was admitted to Veer Hospital in New Panvel for treatment. Khandeshwar police arrested both accused and registered a case of attempted murder and other offences against them.

A Panvel court remanded the two men in police custody until October 9 for further investigation. The incident highlights how a dispute over a common housing society facility allegedly escalated into a violent attack.

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Nigerian National Arrested in Navi Mumbai with Drugs Worth Rs 3.57 Crore

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Police seize a large quantity of suspected narcotics during an operation in Navi Mumbai and launch further investigations into the case.

The Drugs

Navi Mumbai police arrested a Nigerian national, identified as Anyi Ikechukwu Darlington, from his rented apartment in Rohinjan village, Taloja, on Thursday night.

According to police, the Anti-Narcotics Cell carried out the raid after receiving specific information about drug-related activities. During the search, officers recovered 2.497 kg of mephedrone and 566 grams of cocaine, with an estimated market value of Rs 3.57 crore.

Police said the accused had previously been arrested in a separate narcotics case in Mumbai in 2019. He was released on bail in 2025. A case has been registered against him under the Narcotic Drugs and Psychotropic Substances (NDPS) Act at Taloja police station.

Investigators are now trying to trace the source of the seized drugs and determine whether other people were involved in the alleged drug distribution network. The investigation is ongoing.

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NMIMS Navi Mumbai Students Promote Mental Health Awareness Through Street Theatre

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Students use interactive games and creative performances to encourage open conversations about mental health and emotional well-being.

The Awareness

Students of NMIMS Navi Mumbai have taken an innovative approach to spreading mental health awareness through street theatre and interactive activities. The initiative aims to help people understand the importance of emotional well-being and encourage them to speak openly about mental health concerns.

The two-day Mental Health Awareness Week featured discussions on women’s physical and mental health, a student-led street play highlighting women’s safety and dignity, and activities designed to help participants understand human behaviour. A panel of experts discussed how social expectations, family environments, reproductive health and childhood experiences can affect women’s emotional well-being. They also stressed the importance of discussing women’s health without stigma or judgement.

Students took part in interactive activities focusing on memory, attention, decision-making and social behaviour. They also prepared posters explaining different psychological disorders to make information about mental health easier to understand. The street play highlighted how social inequalities and expectations can limit women’s freedom and choices. The event concluded with a karaoke session, giving students an opportunity to relax and interact with one another.

The initiative aimed to make conversations about mental health more open, reduce stigma and encourage students to understand the importance of emotional well-being.

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