Bank and Automated Teller Machines (ATM)operators are failing to manage the cost of software and equipment. Since 2018, after the central bank mandated the upgrades to the software in order to boost security and tighter regulations cost management has been a little difficult.

Banks choose to bear interchange fees to other banks than operating their own ATMs.
However, banks are finding cheaper ways to pay interchange fees to other banks than operating their own ATMs.

Declining ATM is causing trouble to major part of the population, mainly senior citizens. It will gradually shrink more in the next two years.
Increase in the use of mobile banking has also contributed towards less use of ATM
Bank and Automated Teller Machines (ATM) operators are failing to manage the upgraded cost of software and equipment. Since 2018, in order to boost security and tighter regulations, Reserve Bank of India has mandated the upgrades in the software.