PSU banks do not have any plan to close ATMs: Govt

The statement assumes significance amidst a report by the Confederation of ATM industry (CATMi) warning that nearly half of the 2.38 lakh machines run the risk of closing down by March next year due to regulatory compliance changes making the business unviable due to rising costs and dipping or stagnant revenues.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2rB4Xnl