1/3rd of India's ATMs non-functional: RBI survey
RBI Deputy Governor SS Mundra has raised concerns over one-third of the ATMs being non-functional, as per the findings of a survey of 4,000 ATMs across India. The RBI survey also found several violations of various regulatory instructions such as on display material and facilities for the differently-abled, he added. Further, Mundra warned banks of penal action for non-compliance.