Denemek ALTIN - Özgür
ATM firm Indial's founder takes strategic role amid banktech push
Mint Bangalore
|September 15, 2025
Indial Payments, the largest white-label ATM operator in the country, is undergoing a leadership transition as it pivots towards digital services by launching a banking technology arm to offset sluggish ATM growth in India.
Long-time chief executive K. Srinivas, who built Indial from a startup into a top ATM brand, is stepping away from day-to-day operations. He will continue as executive vice-chairman, steering strategy and regulatory engagement, while "leaving the driving to younger folks," he told Mint.
In a dual-CEO model, Indial's traditional ATM vertical will now be led by Kumara Krishnan, current chief sales and marketing officer, while its new fintech arm, Paysis, has been spun out under Rajeev Desai, the current chief operating officer.
White-label ATM operators are non-bank companies that are authorized by the Reserve Bank of India to set up, own, and operate ATMs.
Indial has been a key player in India's white-label ATM market, operating over 15,000 ATMs across the country. It holds about 40% market share in ATMs and 53% in transactions among white-label operators, said Srinivas.
Bu hikaye Mint Bangalore dergisinin September 15, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Mint Bangalore'den DAHA FAZLA HİKAYE
Mint Bangalore
Life after divorce: Women, and the art of starting over
When marriage ends, women face deep turmoil—it’s also a chance to regain financial control
3 mins
November 13, 2025
Mint Bangalore
Let us focus on poverty too as we pursue broader ambitious goals
We must address deprivation that persists even as India makes progress in other economic spheres
4 mins
November 13, 2025
Mint Bangalore
Inflation cheer
Policymakers couldn't have had it better. Economic impulses in India’s economy are exhibiting signs of strength even as inflation has been under the Reserve Bank of India’s (RBI) 2% lower threshold for three months out of four; government data issued on Wednesday showed it dipped to a record-low of 0.25% from a year earlier in October.
1 min
November 13, 2025
Mint Bangalore
NCDEX gets nod to launch MF platform
The National Commodity and Derivatives Exchange (NCDEX), an online bourse for agricultural products, has received approval from its board to launch an electronic mutual fund distribution platform, according to people familiar with the matter.
1 min
November 13, 2025
Mint Bangalore
Fila reviews options for stake in Doms
Italian stationery company Fila SpA is reviewing options for its minority stake in India-listed Doms Industries Ltd as it seeks to deepen ties with the fast-growing Asian market, according to people familiar with the matter.
1 min
November 13, 2025
Mint Bangalore
Red Fort blast: Govt calls it terror attack
The government on Wednesday termed the car explosion outside Red Fort as a “heinousterror incident” and directed investigating agencies to deal with the case with “utmost urgency and professionalism” to bring those behind it and their sponsors to justice without delay.
1 min
November 13, 2025
Mint Bangalore
Retail inflation plunges to record low of 0.25% in Oct
The decline in inflation in October, like the previous several months, was led by the food group. Inflation for food items, which account for nearly 40% of the inflation basket and have a heavy influence on the headline inflation, plunged to -5.02% from -2.33% in September. The sharp decline was led by vegetables and pulses and products, inflation for which came in at -27.57% and -16.15%, respectively.
2 mins
November 13, 2025
Mint Bangalore
Take states on board in green electricity plans
Greater Centre-state coordination in planning green electricity supplies would assist in setting more sustainable targets and ensure competitively priced as well as reliable supplies
2 mins
November 13, 2025
Mint Bangalore
NCLT reserves order on Vedanta split
The Mumbai bench of the National Company Law Tribunal reserved its order in the matter of the proposed Vedanta demerger, which India's petroleum and natural gas ministry has opposed.
1 min
November 13, 2025
Mint Bangalore
Leasing, occupancies boost office Reits
Office Reits (real estate investment trusts) are planning to expand their portfolio via acquisitions and new developments, seeking higher occupancy and leasing as India’s office market resists global downturns.
2 mins
November 13, 2025
Listen
Translate
Change font size