Jet shares surged as much as 6.4% on Thursday
The Bangalore-based company has invested over Rs 12 crore in this unit
It has signed up with SBI and IOB for renting out its premises to set up 25 ATMs each in Hyderabad
Move spurred by misuse of the existing system
The move is aimed at curbing criminal acts in public places
The industry has been eagerly awaiting the new policy
Could pay a 25-50% premium on Jet Airways stock's Wednesday closing price on BSE
RBI panel recommends uniform valuation, curb on branch expansion, ombudsman