State Bank of India earned Rs 331 crore from ATM cash withdrawals in 2023-24, while other state-owned banks collectively lost Rs 925 crore. SBI dominates the ATM market with over 65,000 ATMs. Customers get limited free ATM transactions; fees apply beyond those limits. Despite fewer transactions, cash remains vital. Increased fees boosted the ATM network. State Bank of India earned Rs 331 crore from ATM cash withdrawals in 2023-24, while other state-owned banks collectively lost Rs 925 crore. SBI dominates the ATM market with over 65,000 ATMs. Customers get limited free ATM transactions; fees apply beyond those limits. Despite fewer transactions, cash remains vital. Increased fees boosted the ATM network. Economic Times
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