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Cashing In On The Money Machines

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BUSINESS STANDARD

India's banks are installing thousands of ATMs and the results are already startling

Change is sweeping through the Indian banking industry. Fewer customers than ever before are stepping into their banks and transacting business with a cash teller behind iron grilles. Instead, they are collecting cash from their friendly, neighbourhood ATMs.

Did banking experts predict that ATMs would take time to catch on in India? They couldn

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First Published: Nov 24 2001 | 12:00 AM IST

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