State-run banks do not have any plans to close ATMs: Govt
The government has said public sector banks don't have any plans to shut down their ATMs. This comes amidst a report by Confederation of ATM industry (CATMi) that half of 2.38 lakh machines may close down by March 2019 due to regulatory compliance changes making the business unviable. Around â¹3,500 crore was needed to comply with new rules, CATMi claimed.