CMS
Info Systems has won
a contract from State Bank of India (SBI) to deploy more than 7,850
Automated Teller Machines (ATMs) across the country. This is the single
largest deployment contract awarded by any bank in the country, valued
at over Rs. 4.5 Bn, and will include Total Implementation Services, ATM
installation, maintenance and support for a 7 year period.
CMS Info Systems will be installing ATM’s manufactured by Nautilus Hyosung of Korea. Hyosung is a leading provider of banking automation and self service solutions worldwide.
Commenting on the development, Rajiv Kaul, Exec. VC and CEO of CMS Info Systems said, “We are honoured to be to be awarded this project by SBI. In executing what is possibly the single largest ATM deployment in the world, we shall leverage our deeply entrenched cash management network over 2500+ towns and experience in project management, to significantly improve access, uptime, and quality of service for the bank’s customers.”
CMS Info Systems will be installing ATM’s manufactured by Nautilus Hyosung of Korea. Hyosung is a leading provider of banking automation and self service solutions worldwide.
Commenting on the development, Rajiv Kaul, Exec. VC and CEO of CMS Info Systems said, “We are honoured to be to be awarded this project by SBI. In executing what is possibly the single largest ATM deployment in the world, we shall leverage our deeply entrenched cash management network over 2500+ towns and experience in project management, to significantly improve access, uptime, and quality of service for the bank’s customers.”