Why half of India's ATMs may be forced to shut down by March 2019

Closure of the ATMs will impact thousands of jobs and also the financial inclusion efforts of the government, Confederation of ATM Industry said. "Service providers may be forced to close down almost 1.13 lakh ATMs across the country by March 2019. These numbers include approximately one lakh off-site ATMs and a little over 15,000 white label ATMs," it said.

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