Multiple choice

A non-bank white label ATM operator (WLAO) is required to have a minimum net worth of

  1. Rs. 100 crore

  2. Rs. 50 crore

  3. Rs. 200 crore

  4. Rs. 500 crore

  5. Rs. 250 crore
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

RBI mandates that non-bank White Label ATM Operators (WLAO) must maintain a minimum net worth of Rs. 100 crore to ensure financial stability and operational capability. This requirement safeguards ATM network reliability and protects customer interests.

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