Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for India
INDFCACLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46,342.00
Year-over-Year Change
543.91%
Date Range
1/1/2007 - 1/1/2015
Summary
This economic trend measures the number of automated teller machines (ATMs) in the three largest cities in India. It provides insights into the geographic distribution and accessibility of financial services within major urban centers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for India metric tracks the total count of ATMs located in the three most populous cities in India. This data point is used by economists and policymakers to analyze the financial infrastructure and inclusion in major urban areas.
Methodology
The data is collected and reported by the Reserve Bank of India (RBI).
Historical Context
This trend is relevant for understanding the development of financial services and access to banking in India's urban centers.
Key Facts
- India has the third-largest ATM network in the world.
- The top three cities account for over 25% of India's total ATM infrastructure.
- ATM penetration varies significantly across India's major urban centers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of automated teller machines (ATMs) located in the three largest cities in India.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the geographic distribution and accessibility of financial services within major Indian urban centers, which is important for understanding financial inclusion and economic development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Reserve Bank of India (RBI).
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze the development of financial infrastructure and access to banking services in India's major cities.
Q: Are there update delays or limitations?
A: The data is published regularly by the RBI, but there may be some delays in reporting due to the large geographic scale and number of financial institutions involved.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for India (INDFCACLNUM), retrieved from FRED.