RiddhiSiddhi Bullions has a mandate to open 50,000 ATMs all over India.
The rollouts started in November 14 and as on April 15 end, it has 77 ATMs.
The brand name of its ATMs is State ATM.
The rollout is being handled by Raha Payment Solutions Private Limited. Mr. Abhishek Bafna, Director is spearheading the rollout plans on behalf of RiddhiSiddhi Bullions Ltd.
The pan-India rollout plan is going slow, as the number of footfalls in the ATMs is not upto the mark. Low footfalls increase the operating costs.