Correct Answer : Option (A) - 1,50,000
Airtel Payments Bank has started rolling out 1.5 lakh micro ATMS in a phased manner across tier 2 cities and semi-urban regions to facilitate cash withdrawal for its customers, the company said on Wednesday(28th Sep 2022).
The Bank will gradually expand its service to cover more banking points in a phased manner.
The bank will leverage its strong network of over 5 lakh banking points across India to give users access to easy cash withdrawals through this initiative, it added.
The company has plans to finish the rollout of 1.5 lakh micro ATMs by the end of the current fiscal.
Airtel Payments Bank is now integrated with the National Payments Corporation of India's (NPCI) - National Financial Switch (NFS) to facilitate micro ATM transactions.
Airtel Payments Bank
customers will be able to withdraw up to Rs 10,000 per transaction through the Micro ATMs
..Source : Business Standard