Banking and Financial News – 16 June 2014

De-jargoned: Talking ATMs - RBI on 21 May notified all scheduled commercial banks to deploy only “talking ATMs” starting 1 July and also provide a plan to convert all the existing ATMs into talking ATMs with Braille keypads. Talking ATMs is a part of the set of directives issued by the central bank to make ATMs friendly for differently-abled users. Other directives include building ramps for wheelchair users, lower-height ATMs, and providing magnifying glasses for those with poor vision. (liveMint)

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