Forget cash crunch, check out what banks are doing to ATMs; this freebie may end too
Banks have reportedly shut down around 2000 ATMs at various locations in just 10 months between May 2017 and February 2018, according to the Reserve Bank of India (RBI) data. The ATM count came down to 107,630 as of February 2018, from approximately 110,116 in May 2017
According to the RBI data, Canara Bank saw a fall in 189 onsite and 808 offsite ATMs, while Central Bank of India had witnessed 27 onsite and 317 offsite ATMs. Image source: Reuters