This paper gives conceptual framework about White Label ATM in India. Under thepolicy guidelines, non-bank entities incorporated in Indiaunder the Companies Act, 1956 Keeping this in view, RBI has reviewed the extant policy on ATMs.
21 Feb 2015 Keeping in this view, RBI reviewed the extant policy on ATMs and decided to release the final guidelines on “White Label Automated Teller India’s first White Label ATM under brand name “Indicash” at Chandrapada, a21 Jun 2012 In an effort to extend the reach of banking services, the Reserve Bank of India (RBI) on Wednesday issued final guidelines to set up white label
6 Mar 2012 The introduction of white label ATMs will not be an unmixed blessing, unless cash and other banking needs, thereby saving in transaction costs, man-power cost, “Being non-bank owned ATMs, the guidelines on five free
1 Jun 2018 White Label ATMs are not owned by any bank but are the property of a and financial inclusivity, keeping in mind the population of the country. to set up White Label ATMs under these guidelines may approach RBI for
20 Jun 2012 (76 kb). White Label ATMs (WLAs) in India – Guidelines Keeping this in view, RBI has reviewed the extant policy on ATMs. While reviewing
5 Dec 2012 RBI recently allowed non-banking companies to set up white-label ATMs in the country. ET explains how White Label ATMs hope for better days after RBI talks of relooking into their guidelines · Without cash from banks, white label ATMs shut down · What turns Tata Download it from Windows Store.
6 Sep 2017 The Reserve Bank of India’s plans around overhaul of the white label ATM guidelines has thrown a fresh lease of life and hope for the fledgling
(These draft guidelines are given here for those who wants to know in depth about the White Label ATMs and are of some use only till RBI comes out with final
2 Mar 2017 i) In case of a White Label ATM, the logo displayed on the ATM Keeping the fact in view that banks won’t be able to provide their ATM