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What is MITR ATM Sharing Network mean?
MITR is a multilateral interbank network sharing arrangement of 6 member Banks in India for automated teller machines (ATMs). It came into existence on 8 October 2003 with five member banks.
The MITR network has six member banks:
Punjab National Bank (PNB)Oriental Bank of Commerce (OBC)Indian BankKarur Vysya BankIndusInd BankUCO BankPNB acts as Settlement Bank for MITR Network. ATM transaction switching technology has been provided by Chennai-based Financial Software Solutions (P) Ltd.
reference nanPosted on 30 Apr 2022, this text provides information on Miscellaneous in Interbank Network related to Interbank Network. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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