Reserve Bank of India

23.03.2016

Banking

Extending value-added services through ATMs

MANU/RMIC/0046/2016

The Reserve Bank of India has permitted Primary (Urban) Co-operative Banks and State Co-operative Banks to offer all their products and services through ATMs, technology and adequate checks permitting. RBI had previously allowed State Co-operative Banks to install off-site or mobile ATMs without prior approval from it.

Relevant

Value Added Services through ATMs by Primary (Urban) Co-operative Banks MANU/RMIC/0336/2015
Guidelines on Off-site/Mobile Automated Teller Machines MANU/RMIC/0158/2015

Tags : Atm value added services co-operative bank

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