https://www.taxtmi.com/news?id=20848 RBI prescribed regulatory standards for banks engaging cash management service providers, including minimum net worth and fleet requirements, use of GPS-enabled owned or first-level subcontractor cash vans, mandated vehicle accommodation for custodial and armed personnel, certified ATM operators, rigorous crew background checks, and secure cash handling premises. RBI further required phased adoption of lockable cassette swap at ATMs to mitigate risks during cash replenishment, to be implemented across the ATM network by the prescribed deadline. en-us Wed, 19 Dec 2018 11:46:07 +0530 Wed, 19 Dec 2018 11:46:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20848 RBI prescribed regulatory standards for banks engaging cash management service providers, including minimum net worth and fleet requirements, use of GPS-enabled owned or first-level subcontractor cash vans, mandated vehicle accommodation for custodial and armed personnel, certified ATM operators, rigorous crew background checks, and secure cash handling premises. RBI further required phased adoption of lockable cassette swap at ATMs to mitigate risks during cash replenishment, to be implemented across the ATM network by the prescribed deadline. News - Wed, 19 Dec 2018 11:46:07 +0530 https://www.taxtmi.com/news?id=20848