04 January 2018 Current Affairs: The Andhra Pradesh Grameena Vikas Bank (APGVB) operationalized its first desktop ATM in Telangana.
The mini-ATM within the branch premises will facilitate customers to withdraw small amounts.
At the same time, regular bank account holders can withdraw money and do other banking activities. With these ATMs, there will be no need for separate ATM rooms, so there is no security issue.
This initiative is the biggest under the SBI and among the best regional rural banks (RRBs).