ReferIndia News Banks bank on cash recyclers in new ATM cycle

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Banks bank on cash recyclers in new ATM cycle

Published on: Jan. 13, 2026, 12:31 a.m. | Source: The Economic Times

Indian banks are set to deploy nearly 17,350 ATMs in the coming months. A significant majority of these will be advanced cash recyclers. This move signals a shift towards modern technology for better efficiency and lower costs. Banks are prioritizing smarter machines that reduce cash handling needs and improve service availability.

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