It has been decided to substitute
the existing Prudential Regulation No. XV circulated vide
BPRD Circular No. 15 dated 29-8-1992 on the captioned subject
as under:-
"Banks are prohibited from undertaking
any business of cash payment at any place other than the
authorized place of business except through the installation
of Automated Teller Machine (ATM) subject to obtaining prior
approval from State Bank."
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