As cash crisis hits India, ATM body flays new RBI norms for cash handling
The RBI has insisted that the vans should be monitored live with geo-fencing mapping with the additional indication of the nearest police station in the corridor for emergency and ATM operations should be carried out only by certified personnel who have completed minimum hours of classroom learning and training among others.
The interchange fee is paid between banks for using the others' network infrastructure. Image source: PTI