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Detailed explanation-1: -ITANAGAR: A mobile ATM van sponsored by NABARD Regional Office was inaugurated at the premises of the Aalo branch of Arunachal Pradesh Cooperative Apex Bank in West Siang district on Wednesday.

Detailed explanation-2: -Micro ATMs are the game changer connecting banking operations to the population, especially from Tier-1, Tier-II cities and beyond. In light of low infrastructure costs and operational efficiencies achieved through mobile connectivity, a microATM is a bank in the box which is more viable than a conventional ATM.

Detailed explanation-3: -India’s largest private sector bank, ICICI launched the “ATM on Wheels” country first Mobile ATM, in Mumbai. It was connected to the bank through the GPRS technology.

Detailed explanation-4: -The first fully computerised branch was opened at WGC Road, Thoothukudi on 9 December 1984. The Bank launched its ATM Card on 11 November 2003.

Detailed explanation-5: -ICICI Bank was the first bank to introduce internet banking facility in the country in order to enable individuals and corporates to transact online without visiting the branch. It was also the first bank to start mobile banking in the country.