Cash withdrawals at ATMs rise 235% since demonetisation
Cash withdrawal using debit cards at ATMs stood at ₹2.86 lakh crore in March 2023.
Cash withdrawal using debit cards at ATMs stood at ₹2.86 lakh crore in March 2023.
Banks and independent ATM operators hope that the RBI will increase the interchange fee to make their operations viable.
The cash management industry has been adopting strategic ways to ensure ATMs don’t run dry. Currency notes aren’t a carrier of Covid-19, it says.