Indian bank to add 10,000 ATMs in 3 years

Indian bank to add 10,000 ATMs in 3 years
Tags: Asia, Australia & Pacific, Bank / Credit Union, North America, Other, Retail / Off-Premises, Trends / Statistics, Underbanked / Unbanked
October 11, 2007

The (India) Economic Times: SBI says it plans to add more than 10,000 ATMs to its network over the next three years, increasing its ATM fleet to 25,000 machines. SBI has identified 2,500 sites, which include 700 railway stations, to set up ATMs. The country's second-largest bank, ICICI Bank, also announced plans to set up 2,500 additional ATMs. ICICI Bank's ATM network currently stands at 3,600.