Indian banks are planning to deploy approximately 17,350 new ATMs in the next six months, with a strong emphasis on advanced cash recyclers. This shift indicates a move towards modern technology to enhance efficiency and reduce operational costs. Major public sector banks like Union Bank of India, Bank of India, Canara Bank, and Indian Bank are leading this deployment, with cash recyclers expected to constitute over 75% of the new installations, signaling a technological transition from traditional ATMs.