current affairs
73 weeks ago
RBI ease business guidelines for white lable ATMs
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Rahul

: RBI has eased business guidelines for white label ATMs allowing companies that manage these machines to source cash directly from the central bank, offer non bank services like bill payments and advertise even non financial products in their premises, increasing the revenue earning scope for these companies. White label ATM Operators (WLAO), can now source cash directly from RBI offices and currency chests, and will no longer be dependent on sponsor banks for procurement of cash. The RBI has allowed the operators to source cash from any scheduled bank including rural and cooperative banks, it said in a statement on Thursday

73 weeks ago
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shivanichau88 RBI has eased business guidelines for white label ATMs allowing companies that manage these machines to source cash directly from the central bank, offer non bank services like bill payments and advertise even non financial products in their premises, increasing the revenue earning scope for these companies
73 weeks ago
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tasha.zapata007  MUMBAI: RBI has eased business guidelines for white label ATMs allowing companies that manage these machines to source cash directly from the central bank, offer non bank services like bill payments and advertise even non financial products in their premises, increasing the revenue earning scope for these companies Read more at: //economictimes.indiatimes.com/articleshow/68307543.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst.
73 weeks ago
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