India
Soon all banks ATM networks will offer cardless cash withdrawals: RBI
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.
Latest News
Contaminated Tap Water Triggers Health Alarm in Uran Villages
Monsoon runoff and untreated water supply leave local residents battling stomach infections and demanding clean drinking water.
Contaminated Water
A severe public health worry has gripped parts of Uran after residents received muddy, contaminated tap water, leading to a rise in waterborne illnesses across several local villages.
Following heavy monsoon rainfall, turbid water flowing from the Hetawane Dam made its way directly into household taps. The problem has particularly affected communities located between Jite and Gavan Phata. Because CIDCO’s primary water treatment facility is situated downstream at Gavan Phata, households upstream have been left receiving raw, unfiltered water.
Over the past few days, local clinics have reported a surge in cases of stomach cramps, vomiting, and diarrhea, leaving families anxious for their health especially young children and the elderly.
“We are forced to boil dirty water just to get through the day, but many are still falling sick,” expressed a concerned local resident. “Clean drinking water isn’t a luxury, it’s a basic necessity.”
Frustrated by the situation, community members and local leaders are urging CIDCO and municipal authorities to intervene immediately. They are demanding urgent water filtration solutions for all affected areas, pipeline inspections, and the distribution of safe drinking water tankers until regular, fully treated water supply is restored.
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NMMC Sets Firm Deadline to Wrap Up Civic Repairs Ahead of Ganeshotsav
Navi Mumbai municipal committee orders fast-tracked pothole repairs, bright streetlights, and seamless immersion routes for devotees.
The Ganeshotsav
With Navi Mumbai gearing up to welcome Lord Ganesha, the Navi Mumbai Municipal Corporation (NMMC) Standing Committee has instructed all civic departments and contractors to finish key infrastructure and repair works well before the festival begins.
At a recent meeting, committee members emphasized that devotees and procession organizers should not face hurdles like broken roads, dark streets, or uncleared debris. Officials directed engineering teams to prioritize pothole filling, tree trimming around power lines, and surface leveling especially along designated Visarjan (immersion) routes across all nodes.
“Ganeshotsav is a time of deep joy and community togetherness,” noted civic representatives during the review. “Our priority is to ensure smooth, safe roads for processions and clean, well-lit spaces around pandals and artificial immersion ponds.”
Beyond road repairs, the NMMC is streamlining the approval process for Sarvajanik (public) Ganesh mandals, ensuring hassle-free access to electricity, clean water, and temporary toilet facilities. Contractors have been cautioned that delays or poor-quality repair work will draw strict penalties.
With local administration actively coordinating with police and mandal representatives, residents can look forward to a smooth, safe, and festive celebration across the city.
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Kopar Khairane Gets a Fragrant Green Boost with Surangi Plantation Drive
Navi Mumbai municipal leaders join hands with local residents to nurture biodiversity and expand native green cover.
The Drive
In a heartwarming effort to breathe fresh life into urban spaces, local municipal leaders and residents gathered in Kopar Khairane for a special tree plantation drive focused on nurturing the native Surangi tree. Led by the Navi Mumbai Mayor alongside top officials from the Navi Mumbai Municipal Corporation (NMMC), the initiative highlighted a growing commitment to restoring the region’s ecological balance.
Under the bright morning sky, community members and civic workers worked side by side, planting dozens of young Surangi saplings across designated green zones and parkways. Known for its rich clusters of fragrant white flowers and dense, shady canopy, the Surangi tree is a natural favorite for local soil, requiring minimal artificial care once established while providing a thriving habitat for birds and local pollinators.
Addressing the gathered volunteers, civic leaders stressed that urban greenery is not just about aesthetics, but about building healthier, cooler neighborhoods for future generations. “Planting native trees like Surangi connects us back to our natural roots while directly improving air quality right where we live,” officials shared during the drive.
Beyond increasing total foliage, the event served as an inviting reminder of collective civic responsibility. Local families and young volunteers actively participated, taking turns watering the newly planted saplings and pledging to oversee their care as they grow. The NMMC plans to extend similar native-species plantation drives to other nodes across Navi Mumbai in the coming months.
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