 "ATM cash crunch: A man showing out of cash slips near SBI ATMs in Patna. Most of the ATMs have run out of cash in the city. PTI Photo")
Banks across India have been on an Automated Teller Machine (ATM) shutting spree since the new year. Information from the Reserve Bank of India (RBI) shows that banks have shut down 5 ATMs on an average every day since March 2017. There are over 2,00,000 ATMs in India including onsite and offsite ones. (See Graphics at end)
Perhaps for the first time since the ATM boom in India in the 1990s, there has been a reduction in the number of bank-run ATMs in India (white label ATMs are not included in this analysis). Between March 2017 and February 2018, ATMs
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