The ATM story: Banks move to cash recyclers from just dispensers

Tuesday, July 14, 2026 - 13:51
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More than 15,000 ATM units are expected to come up for request for proposals (RFPs) for cash recyclers, with nearly 77% of these belonging to PSBs, according to industry executives. Punjab National Bank, Union Bank of India and Bank of India are among the lenders expected to issue recycler RFPs.

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