RAWALPINDI: Federal Investigation Agency (FIA) on Friday said an international gang was involved in money theft from Automated Teller Machines (ATMs). “The gang behind money theft from ATMs is not a local one, but it is a big network of international gang,” said FIA Cybercrime Director Shakeel Durrani while talking to media. Read More: How dark net is buying and selling Pakistanis’ ATM card data He said a member of the gang, Saqibullah, a resident of Rawalpindi, was arrested from Dhok Tonsa who conceded having direct…
NEW DELHI: India announced new measures Thursday to allow farmers and marrying couples to withdraw more money from banks, as frustration mounted over a cash crisis triggered by the withdrawal of all high-value notes. The shock move last week, which saw 85 percent of the cash in circulation suddenly withdrawn, has led to huge queues forming outside banks as people rush to exchange old notes for new, and has thrown plans into disarray as the wedding season gets under way in the country of 1.2 billion people. The…
MUMBAI/NEW DELHI: Indians struggled to pay for basics goods like food and fuel on Wednesday and fretted about their savings, after the government withdrew 500 and 1,000 rupee notes from circulation in a bid to flush out money hidden from the tax man. The shock measure also sent shudders through the investment community on a day when the markets were also reeling at the election of Republican candidate Donald Trump as the next U.S. president. India's National Stock Exchange share index slumped as much as 6.3 percent in…
ISLAMABAD: Federal Finance Minister, Senator Ishaq Dar has asked the State Bank of Pakistan (SBP) to ensure 24-hour operation of Automated Teller Machines (ATMs) service by the banks for facilitating general public during Eid holidays.
KARACHI: State Bank of Pakistan (SBP) has said that it is employing all its resources to curb the issue of counterfeit currency, ARY News reports.
ISLAMABAD: The State Bank of Pakistan (SBP) has allowed exchange companies of category 'A' to enter into agreements with utility companies like WAPDA, KE, PTCL, SSGC etc. for collection of utility bills in Pakistan Rupee (PKR) on their behalf.
ISLAMABAD: The central bank of Pakistan advised all the banks to take required measures to ensure the availability of cash in Automatic Teller Machine (ATM) during EID holidays, ARY News reported.