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Why is there an ATM crunch in the country?

Finshots Daily

Challenges in Implementing RBI's Directive on ATM Upgrades

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The chapter explores the challenges faced by banks in complying with RBI's directive on lockable cash cassettes, complexities of retrofitting ATMs, and manufacturers' struggles with Make in India initiative. It also touches on the issues of ATM procurement through the GEM portal and supply chain constraints faced by public sector banks.

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