Q.

Which among the following is correct about the ―White Label ATM‖:

A. Any non bank entity with a minimum net worth of Rs. 100 crore can apply for white label ATMs. (Not Just NBFCs, any non bank entity can apply)
B. White Label ATM does not carry any bank’s logo.
C. RBI has given license/permission to non – bank entities to open White Label ATMs.
D. Sponsor Bank provides the cash.
E. All of the Above
Answer» E. All of the Above
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