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ALTERNATE DELIVERY CAHNNELS
What is an Alternate Delivery Channel (ADC) in banking?
An Alternate Delivery Channel is any non-branch channel through which banking services are delivered to customers, such as ATMs, internet banking, mobile banking, and POS terminals.
What is a Green Label ATM?
ATM dedicated exclusively for agricultural transactions.
Which regulatory body governs the guidelines for Alternate Delivery Channels in India?
The Reserve Bank of India (RBI) issues guidelines and circulars governing the operation and security of Alternate Delivery Channels for banks in India.
What is a Yellow Label ATM?
ATM set up specifically for e-commerce transactions.
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