
RBI To Relax Rules For White-Label ATM Providers
The Reserve Bank of India (RBI) made a move on Thursday (March 7) to relax the rules for white-label ATM operators, enabling them to purchase wholesale cash from the bank. According to a report citing the RBI, under the relaxed rules, white-label ATM operators can purchase cash from any bank in the country, including cooperatives and regional banks. […]