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Demonetisation: 85% ATMs recalibrated till November 30

It was informed in Parliament on Friday that around 85 percent of ATMs in the country have been recaliberated by November 30 for the new currency notes.


Demonetisation: 85% ATMs recalibrated till November 30

New Delhi: It was informed in Parliament on Friday that around 85 percent of ATMs in the country have been recalibrated by November 30 for the new currency notes.

"Till November 30, a total of 179,614 ATMs have been recalibrated. There are 211,594 ATMs of scheduled commercial banks and 14,324 white label ATMs in the country according to September 30 data," Minister of State for Finance Santosh Kumar Gangwar told the Lok Sabha in a written reply.

He said that the government has advised the banks to deploy micro-ATMs in the rural areas and as on December 2, a total of 1,14,036 micro-ATMs have been deployed.

He also said that scheduled commercial banks, excluding regional rural banks, do not need permission from the Reserve Bank of India (RBI) to set up ATMs at their branches and extension counters. 

"Under some set of conditions the banks can set up ATMs at off-site locations as well," he said.

With IANS Inputs

From Zee News

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