ATMs declined by 1,000 to 2.07 lakh in FY18, says RBI report
The number of ATMs in the country declined by 1,000 to 2.07 lakh in 2017-18, according to a Reserve Bank of India (RBI) report. The decline was due to rationalisation of the number of branches by state-run banks, RBI said. ATMs of private sector lenders increased to 60,145 in FY18, up from 58,833 in the previous fiscal, the report observed.