Multiple choice

Which of the following non-bank entities are not allowed by the Reserve Bank of India for setting up and operating white label ATMs (WLAs) in India?

  1. Tata Communications Payment Solutions

  2. Prizm Payment Services

  3. Muthoot Finance

  4. Vakrangee Limited

  5. Mahendra and Mahendra

Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

Mahindra and Mahindra is not allowed by RBI to set up white label ATMs.