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Indian villagers reluctant to take ATM cards
August 26, 2008
Yahoo! News: Baljeet Singh, who lives in the Indian village of Bhainsa, receives a fatty sum every year during the sugarcane season, which he places in his bank account. Being a valued customer, his bank manager offered him an ATM card, explaining the card's numerous benefits.But the septuagenarian farmer turned down the offer and still adheres to old practices of money withdrawal. A majority of farmers from this sugarcane belt are averse to using an ATM card, a new banking technology that is being promoted by bankers in order to reduce pressure on banks.
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