There seem to be no easy answers for this poser as of now, but experts and industry watchers say there could be some consolidation in the ATM network with the merger of PSU banks, and customers need not worry about services getting impacted.
“Just as the merged entity will look to consolidate bank branches in a single area, it would do the same with ATMs. This will bring in economies of scale, but (that) is still some time away,” said a former banker, who did not wish to be named, while noting that the number of ATMs are falling for various other reasons.
This story is from the November 01, 2019 edition of The Hindu Business Line.
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This story is from the November 01, 2019 edition of The Hindu Business Line.
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