White Label ATMs

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....hite Label ATMs <br>News and Press Release<br>Dated:- 27-2-2016<br><BR>The Reserve Bank of India (RBI) has issued guidelines regarding setting up of White Label ATMs by non-bank entities. Non-bank ent....

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....ities that intend setting up, owning and operating ATMs, are christened "White Label ATM Operators" (WLAO) and such ATMs are called "While Label ATMs" (WLAs). Three different schemes are available to ....

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....WLAOs for setting of WLAs which incentivize setting up of WLAs in Tier III to Tier VI centres (population less than 50000). As on 31.12.2015, 11706 WLAs have been set up. There are 1.26 lakh Bank Mit....

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....ras in rural areas of the country who are equipped with either fixed points kiosks or micro ATMs which can be conveniently carried from place to place. This was stated by Shri Jayant Sinha, Minister ....

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....of State in the Ministry of Finance in written reply to a question in Lok Sabha.<BR> News - Press release - PIB....