ATM withdrawals make SBI richer, other PSBs poorer




State Bank of India (SBI), the country's largest lender, is the only public sector bank to generate revenue from ATM cash withdrawals. In the 2023-24 financial year, SBI earned ₹331 crore from this stream, while the other 11 state-owned banks collectively reported a loss of ₹925 crore, as per the finance ministry's response in the Lok Sabha.

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