ATM Business Secrets! How India Moves 40 Lakh Crore Cash? Govindraj Ethiraj speaks with Rajiv Kaul, CEO of CMS Info Systems, to break down India’s cash economy, ATM business, and why cash is still growing despite UPI, fintech, and digital payments.

India has over 40 lakh crore currency in circulation. ATMs still process thousands of crores every day. Retail stores, banks, petrol pumps, hospitals, and even quick commerce depend on cash movement. So what is really happening behind the scenes? Why is cash not dying? And who is running this massive financial infrastructure?

In this episode of The Core Report Weekend Edition, you get a rare inside view of how India’s ATM network works, how cash is forecasted, transported, secured, and replenished across 70,000 ATMs, and why companies like CMS Info Systems are quietly powering the backbone of the Indian economy.

If you are interested in business, finance, banking, consulting, fintech, stock market trends, or the real economy of India, this episode gives you insights you won’t find in headlines.

This is not just about ATMs. It is about how money actually flows through India.

Watch till the end to understand where the ATM industry, cash economy, and financial services sector are headed over the next decade.

Subscribe to The Core Report for deep conversations on India’s economy, business, markets, policy, and global trends.

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