This revision came when various white-label ATM operators had been running in loss due to high costs and large infrastructure that they had to deploy in tier III and smaller towns. Many of them were ...
As per the list on the RBI website, at present, there are eight white label ATM operators in the country(iStock) The Reserve Bank of India on 7 March reviewed the ...
Setting up ATMs under the “white label” model seems to be turning lucrative for non-bank entities, raising the possibility of expansion of these cash vending machines at a quicker pace.
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