Banks increased number of ATMs in small towns-rural areas: strategy changed due to digital payment and rising cost; Currently 15 ATMs on 1 lakh people
Mumbai28 minutes ago Copy link Bank strategies are changing due to increasing use of digital payments and increasing cost of running ATMs in metros and big cities. The use of ATM in urban areas is decreasing and maintenance has become expensive. In such a situation, banks are insisting on ATMs in small towns and rural…