04 January 2018

Andhra Pradesh Grameena Vikas Bank Introduces Desktop ATMs in Rural India

Andhra Pradesh Grameena Vikas Bank Introduces Desktop ATMs in Rural India


The Andhra Pradesh Grameena Vikas Bank (APGVB) has operationalised its first desktop ATM in Telangana. The mini-ATM within the branch premises will facilitate customers to withdraw small amounts.

At the same time, regular bank account holders can withdraw money and do other banking activities. With these ATMs, there will be no need for separate ATM rooms, so there is no security issue. This initiative is the biggest under the SBI and among the best regional rural banks (RRBs).

Static/Current Takeaways Important for IBPS Clerk Mains 2017 Exam-
  • Andhra Pradesh Grameena Vikas Bank Chairman- Narasi Reddy.
  • Currently, there are 56 RRBs operational in India.

Source- The Hindu Business Line


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