India’s Demonetization and White Label ATMs Impact CIT Market

India’s Demonetization and White Label ATMs Impact CIT Market

India’s recent demonetization of the former 500 and 1,000 rupee notes has resulted in dramatic increase in cash-in-transit (CIT) services there over the past two months. Rapid changes in the country's financial system have had rippling impacts on armored transport and other security services demand.

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