AGS Transact Technologies Ltd Current Affairs, GK & News

RBI Eases Business Guidelines for White Label ATMs

The Reserve Bank of India (RBI) has eased business guidelines for white label ATMs. These new guidelines increase the avenues of revenue earning for the white label ATMs. What are White Label ATMs? Automated Teller Machines (ATMs) set up, owned and operated by non-bank entities are called White Label ATMs. These White Label ATMs provide ..