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Bank Branches Bloom in Tier-1 Castles, ATM Magic Fades

Bank Branches Bloom in Tier-1 Castles, ATM Magic Fades

In the enchanted world of banking, the RBI unveiled a spellbinding report! By March 2025, a whopping 1.64 lakh branches sprouted like magical mushrooms, with tier-I centres capturing half the charm. Meanwhile, the ATM enchantment saw a slight fade, yet public sector sorcerers still ruled the machine kingdom. A curious tale of balance unfolds as private lenders conjure their spells anew this year!

Quick rundown

  1. Tier-I centers saw the most bank branch growth in FY25.
  2. Public sector banks lead in ATM distribution across India.
  3. Digital payments are reducing ATM usage.
  4. Southern India has the most bank branches.
  5. Private banks opened fewer branches in FY25 compared to FY24.

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