<ul><li>The RBI has granted banks and ATM operators more time to implement the cassette swap mechanism for cash replenishment.</li><li>Cash recycler machines (CRMs) have been exempted from the cassette swap requirement.</li><li>The RBI has extended the deadline for implementing the cassette swap mechanism after multiple delays.</li><li>Banks have cited various constraints for the slow progress in implementing the cassette swap mechanism in ATMs.</li></ul>

RBI grants banks, ATM operators more time for cassette swap mechanism

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