Most banks have not initiated upgrades on cassette swap, e-surveillance and digital locks as their cost analysis of such an overhaul is significantly higher than central bank’s estimates, said people aware of the matter.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-asks-banks-to-speed-up-atm-upgrades-as-deadline-looms-large/articleshow/76734853.cms
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