INSUBCONTINENT EXCLUSIVE:
As per a data of RBI, there were 2,21,492 ATMs in country as at September-end 2018.A parliamentary panel has asked Reserve Bank of India
Finance has also asked banks to install adequate number of ATMs.The panel tabled its report in Parliament last week
As per a data of RBI, there were 2,21,492 Automated Teller Machines (ATMs) in country as at September-end 2018
These include 1,43,844 ATMs of public sector banks, 59,645 ATMs of private banks and 18,003 of foreign banks, payments banks, small fiance
universal, committee would urge upon RBI to pursue lingering problem of dysfunctionality as well as shortage of ATMs vigorously with banks,
panel headed by senior Congress leader M Veerappa Moily also noted that RBI's remonetisation drive has not augmented/resolved cash supply to
ATMs in rural/semi-urban areas, forcing shutdown of many ATMs
The committee has expressed concern that "there are just not enough" ATMs being installed or added to cater to rising demand for cash in an
become an important channel for withdrawing money even after close of banking hours
Digital transactions are also catching up
