In a major initaitive to boost Automated Teller Machine (ATM) penetration in tier III to VI centres in India ... encouraged more non-bank players to enter the ATMs industry by permitting WLA ...

GUWAHATI, India (Reuters) - When bank technicians in India were finally summoned to investigate why an ATM (automated teller machine) had not been working for days, they began to smell a rat.

Public sector banks such as State Bank of India, Punjab National Bank (PNB) and Bank of Baroda on Friday assured their customers that all their alternate banking channels, including ATMs ...