Public sector banks will have to race against time to install 137 ATMs every day to meet the Finance Ministry's target of putting up cash dispensing machines at all their branches by March end. According to the ministry, all the public sector banks are running behind schedule. The banks, which are required to install onsite ATMs at 34,668 branches by March 31, had set up 5,726 at the end of August. In the remaining seven months of the financial year, the 26 public sector banks will together have to set up 28,942 ATMs, or an average of 137 every day.
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