ALTERNATE DELIVERY CAHNNELS
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for VIDEO LECTURES OF ASHISH SIR (FOR ALL SCALES) — Bank Promotions.
One-liners from this chapter
Free sample — 8 of 65 rapid-fire Q&A cards.
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.
What is the full form of ATM in banking?
ATM stands for Automated Teller Machine, a self-service electronic device that allows customers to perform basic banking transactions without visiting a bank branch.
What is a Pink Label ATM?
ATM designated for women customers with added security.
What is a White Label ATM?
A White Label ATM is an ATM set up, owned, and operated by a non-bank entity (authorized by RBI) that provides ATM services to customers of all banks, without any specific bank's branding.
What is an Orange Label ATM?
ATM used for share and demat transactions.
Video classes for this chapter
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