Micro Technologies (India) Ltd. said it had obtained permission from the Government of India to provide secured ATMs.
This authorization is for setting up, owning and operating secured ATM subject to the adherence to the stringent policy guidelines. In addition, the general guidelines governing the operations of the bank ATMs would also apply with necessary changes.
Micro Technologies' track record in providing cutting-edge complex secured ATM solutions to nationalized, private sector and cooperative banks was also the chief factor for the government's granting authorization. Last year, Micro had launched an effective ATM Security called Micro ATM Black Box or Micro ABB which is being deployed by big banks with optional success rate in keeping ATMs safe haven.
At the BSE, Micro Technologies shares are currently trading at Rs.42.60, up 2.53 percent from the previous close.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.