The Reserve Bank of India (RBI) has identified 17 non-bank entities out of 19 which applied for setting up White Label ATMs. Two of them including a Tata group company are expected to be operational in next few months. "We had already issued five licences and recently we have given seven more," Vijay Chugh - Chief General Manager (Department of Payment & Settlement Systems), RBI; told reporters speaking on the sidelines of a conference here in Mumbai...........
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