A service provider company – Hughes has connected 12,000 ATMs of the offsite areas to the rural bank branches in the country. This initiative will assist the govt. in achieving the financial inclusion plan. With the intent to avail the banking service all across the country specially in the rural and unprivileged areas, the offsite ATMs are connected to banking branches.
The Hughes stated that it is pride moment for the company to connect the ATMs in the offsite regions. Hughes offers safe and secure network. There are total number of 50,000 ATMs and bank branches connected by Hughes satellite.
Many banks including Punjab National Bank, HDFC Bank, Oriental Bank of Commerce, Bank of Baroda, IDBI Bank, Dena Bank, Punjab & Sind Bank will also set up new contracts with the hughes network.