TNPSC Thervupettagam

Guidelines for White Label ATMs

March 12 , 2019 2113 days 912 0
  • The Reserve Bank of India (RBI) has come up with a review of operations of White Label ATMs (WLAs) in the country.
  • Automated Teller Machines (ATMs) set up, owned and operated by non-bank entities are called “White Label ATMs” (WLAs).
  • They provide the banking services to the customers of banks in India, based on the cards (debit/credit/prepaid) issued by banks.

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