Cassette – Swaps in ATMs

RBI/2026-27/273
DCM (RMMT) No.S 2107/20-02-002/2026-27

October 01, 2026

The Chairman / Managing Director/ Chief Executive Officer
All Banks

Madam / Dear Sir,

Cassette – Swaps in ATMs

Please refer to the circular RBI/2021-22/190 DCM (Plg.) No.S 1117/10.25.007/2021-22 dated March 31, 2022 on the captioned subject.

2. In partial modification to para 3 of the aforesaid circular, it is advised that monitoring the progress of implementation of cassette swap may be delegated by the Board to a Committee of Executives¹ of the bank.

Yours faithfully,

(Sanjeev Prakash)
Chief General Manager-in-Charge

¹ substituted w.e.f. October 1, 2026, consequent to Reserve Bank of India (Commercial Banks-Governance) Amendment Directions, 2026, (Small Finance Banks-Governance) Amendment Directions, 2026, (Payments Banks-Governance) Amendment Directions, 2026 and (Local Area Banks-Governance) Amendment Directions, 2026