Three banks Andhra Bank, UBI and the Punjab and Maharashtra Co-op bank have signed on for a pilot by the NPCI. Customer of these banks can deposit cash in any of these banks’ accounts through ATMs. This is done through the National Financial Switch, India’s largest network of shared and interconnected ATMs developed by the Institute for Development and Research in Banking Technology and managed by the NPCI.

National Payments Corporation of India looking to make cash deposit machines interoperable

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