Interchange of Rs 17 at ATMs is not viable: Navroze Dastur of NCR Corp

In a Q&A, the country managing director of the world's largest ATM maker, says he sees a lot of banks come to firms such as his to run their ATM network for them in the future

Raghu Mohan
Last Updated at December 2, 2022 22:23 IST

NAVROZE DASTUR, Managing director, NCR India

The deployment of automated teller machines (ATMs) has peaked of late, and stands a shade under 260,000 units after a lull, post-demonetisation. But operational costs continue to affect deployment with the interchange being a sticking point. Navroze Dastur, regional vice-president (Asia Pacific) and managing director (India) of NCR Corporation, the world’s largest manufacturer of ATMs, spoke with Raghu Mohan on issues facing the industry. Edited excerpts:

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