Monday, Apr 29, 2024 | Last Update : 03:15 PM IST
Almost 85 per cent ATMs Fixed
Centre says 1,79,614 ATMs have been recalibrated for the new notes.
New Delhi: Almost 85 per cent of country's cash dispensing machines had been recalibrated to fit the new notes till November 30 and the government has also advised banks to set up micro ATMs in rural areas to meet the cash need post demonetisation, Parliament was informed on Friday.
As on September 30, 2016 there were 2,11,594 ATMs of banks and 14,324 white label ATMs working across the country.
“There are 1,79,614 ATMs which have been recalibrated till November 30, 2016,” minister of state for finance Santosh Kumar Gangwar said.
Mr Gangwar said the government has advised banks to deploy micro ATMs in rural areas in all sub-service areas across India.
He also informed that 1,14,036 micro ATMs have already been deployed as on December 2, 2016.
On being asked about the norms to set up ATMs, he said scheduled commercial banks do not need RBI’s permission to install ATMs at branches and extension
counters.
