Non-bank entities 'allowed' to own 'ATMs'
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Non-bank entities 'allowed' to own 'ATMs'

Kolkata : India | Jun 20, 2012 at 8:06 AM PDT
Source: The Economic Times
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Reserve Bank of India has decided to allow non-bank entities with minimum net worth of Rs 100 crore to operate automated teller machines or ATMs, essentially a banks' domain till date. The banking regulator expects non-bank entities to install ATM machines beyond tier 1 and tier 2 cities, which corners... FULL ARTICLE AT The Economic Times
 
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