ATM Numbers Decline in FY25 as Digital Payments Surge: RBI
India’s banking landscape is undergoing a structural shift. According to the latest RBI report, ATM numbers declined moderately in FY25, reflecting the rapid adoption of digital payment systems such as UPI, while physical bank branches continued to expand, particularly in rural and semi-urban areas.RBI report highlights a structural shift in the banking sector, with ATM numbers declining moderately in FY25 while physical bank branches continue to expand, especially in rural and semi-urban areas.As per the report,The total number of ATMs in India fell from 2,53,417 in FY24 to 2,51,057 in FY25.The decline was largely driven by reduced customer reliance on cash withdrawals due to digital payments.The RBI clearly stated that digitization of payments has reduced the need for ATM-based transactions.
