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According to data released by RBI, the total number of micro ATMs across the country will reach 14.19 lakh by December 2022.

* According to data, released by the RBI, as of December 2022, the total number of micro ATMs across the country has reached 14.19 lakh.

* But, there has been no significant surge in the value of money withdrawn through these devices since June 2022

* There were just about 3.56 lakh micro ATMs in India in 2020

* The cash withdrawal in Dec 2021 was ₹25.2-lakh crore.

* It grew to only about ₹25.5-lakh crore by November 2022, when the number of micro ATMs stood at 13.3 lakh.

Source : Businessline

Published On : February 1, 2023
Category : National