29 September 2013 – Daily Current - TopicsExpress

29 September 2013 – Daily Current Affairs SBI-Cash-Deposit-Machine 1) Which public-sector bank has installed 2,000 Cash Deposit Machines (CDMs) at marketplaces across the country in the last one year to give facility of depositing money round the clock to its customers? – State Bank of India (In order to tap currency in the hands of the public, India’s largest bank SBI has been installing CDMs at marketplaces across the country. Traders, shopkeepers and vegetable vendors can deposit cash into these CDMs anytime of the day (24x7) and 365 days of the year just by swiping their SBI ATM-cum-debit card. The money gets instantly credited to their account and they get a receipt for their transaction. The average cash collection per machine a day is Rs 4 lakh. SBI plans to install 1,000 more machines this year)[divider scroll_text="

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