Wednesday, July 24, 2013

Tata goes innovative with non-bank owned ATMs

Studies conducted by the Reserve Bank of India show that on a per capita basis, ATM penetration in India has been low compared to other nations, like the USA, Canada and the like. That is why, one of their primary objectives has been to advance growth and increase ATM access across the country. Keeping in line with RBI’s vision of doing so, Tata Communications Payment Solutions Ltd (TCPSL), a wholly owned subsidiary of Tata Communications Ltd, launched Indicash at Koregaon Park and Magarpatta City, in Pune on Tuesday.............

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