Number of ATMs increase to over 2.13 lakh by September 2021
According to the data from RBI, scheduled commercial banks have installed 2,13,145 ATMs (Automated Teller Machines) up to September 2021
The number of ATMs across the country stood at more than 2.13 lakh by the end of September this year, and over 47% of these are in rural and semi-urban areas, the Finance Ministry said in Parliament on Monday.
According to the data from RBI, scheduled commercial banks have installed 2,13,145 ATMs (Automated Teller Machines) up to September 2021. Additionally, 27,837 White Label ATMs (WLA) were also installed by WLA operators up to September 2021, Minister of State for Finance Bhagwat Karad said in a written reply in the Lok Sabha.
He also said that out of these, 47.4% of the ATMs are installed in the rural and semi-urban centers. In a question on the target to install ATMs BY 2022, he said the RBI has apprised that WLA operators are required to deploy a minimum of 1,000 ATMs every year and to maintain a deployment ratio of 1:2:3 for metro and urban, semi-urban and rural regions respectively.
He added that the WLA schemes was introduced as an extended delivery channel for banking services, especially in tier III and VI centres.
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