The Reserve Bank of India (RBI) has relaxed the deployment norms of automated teller machines (ATMs) by white-label players, who will now not need to put up thousands of units
RBI relaxes norms for the deployment of ATMs by white-label players
The total number of ATMs in the country has fluctuated at around 240,000 levels since demonetisation on the back of rising operational costs and the emergence of digital modes of payment
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This has made the ATM channel unviable for all manner of deployers -- banks, brown-labels and WLTAMs.
Topics : Reserve Bank of India RBI ATMs
First Published: Jun 16 2020 | 7:12 PM IST
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