#856 ATM Business Secrets! How India Moves 40 Lakh Crore Cash? | Govindraj Ethiraj | The Core Report

About this episode

The episode explores India's cash economy and the ATM business with insights from Rajiv Kaul, CEO of CMS Info Systems.

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…

People in this episode

Host: Govindraj Ethiraj

Guest: Rajiv Kaul

Topics covered

• ATM business
• cash economy
• financial infrastructure
• digital payments
• India's economy
• fintech

Keywords

• ATM
• cash movement
• UPI
• fintech
• India economy
• financial services
• currency circulation

Mentioned in this episode

Organizations: CMS Info Systems

Places: India

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