<h1>RBI Allows Non-Bank Entities to Operate White Label ATMs, Boosting Financial Inclusion in Rural Areas.</h1> The Reserve Bank of India (RBI) has announced a decision to allow non-bank entities to establish, own, and operate ATMs, known as White Label ATMs, to enhance ATM accessibility in India. This move aims to address the low ATM penetration per capita and improve ATM availability in Tier III to VI areas, thereby supporting financial inclusion. The draft guidelines specify that the issuing bank will handle customer grievances related to failed transactions, with support from the sponsor bank, which must have arrangements with the White Label ATM operator. This information was shared by a government official in a written response to a parliamentary question.