Wednesday, November 6, 2024

BANKING

Indian banks are shutting down more ATMs despite record-high cash circulation. This trend is attributed to the rise of digital transactions and UPI payments. While cash remains significant, ATM numbers have declined, particularly off-site machines. Industry experts point to bank consolidation and the push for digitalization as key drivers.

from Banking/Finance-Industry-Economic Times https://ift.tt/OUiaBn1
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