image

RBI Guidelines for White Label ATMs (WLAs) in India – October 2012

RBI/2012-13/257
DPSS.CO.PD. No.670/02.10.002/2012-13

October 19, 2012

The Chairman and Managing Director / Chief Executive Officers
All Scheduled Commercial Banks including RRBs /
Urban Co-operative Banks / State Co-operative Banks /
District Central Co-operative Banks
Authorised ATM Network Operators /Card Payment Network Operators
Prospective White Label ATM Operators

Dear Sir,

White Label ATMs (WLAs) in India – Guidelines

Please refer to the guidelines issued vide DPSS.CO.PD. No. 2298 / 02.10.002 / 2011-2012 dated June 20, 2012 on the captioned subject wherein prospective White Label ATM (WLA) operators were required to approach RBI for seeking specific authorisation within four months from the date of issuance of the circular.

2. On a review of the position, the last date for submission of applications for authorisation has been extended till December 31, 2012.

Yours faithfully,

(G Srinivas)
General Manager & Officer-in-Charge

profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

Leave a Reply

Your email address will not be published. Required fields are marked *

Corporate Law Referencer

Corporate Law Referencer

Corporate Law Referencer

India’s Leading Compliance Software

India’s Leading Compliance Software

Get A Demo Today !

Recent Articles

Recent Legal updates

Recent Gst Updates