VERIFIEDET Finance·13 Jul 2026neutral

The ATM story: Banks move to cash recyclers from just dispensers

AI Summary

·Over 15,000 ATM units are anticipated to be put up for request for proposals (RFPs) for cash recyclers.
·Approximately 77% of these units are expected to be from Public Sector Banks (PSBs).
·Punjab National Bank, Union Bank of India, and Bank of India are among the banks likely to issue recycler RFPs.