............ What has set the market on fire is RBI's two-year-old decision to allow accountholders free access to any ATM across the country. Although access is free for customers, banks pay each other a transaction fee every time their depositors access ATMs of other banks. This has turned ATMs into profit centres for banks and the number of machines has grown from 60,000 in March 2010 to 75,000 last year and is now a few hundred short of the one-lakh milestone.......................
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