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CMS Info Systems Wins Rs 10bn SBI ATM Contract
2026-01-09
CMS Info Systems has secured a Rs 10 billion contract from State Bank of India for providing cash outsourcing services over a 10-year period. The agreement, described as the first large-scale direct cash outsourcing contract awarded by a public sector bank, covers around 5,000 bank-owned ATMs across the country.
Under the project, CMS Info Systems will deliver end-to-end managed services aimed at improving cash efficiency and enhancing ATM uptime, benefiting millions of SBI customers. The contract is scheduled to go live in January 2026.
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