Technicians working on ATM maintenance in a service facility.
CMS Info Systems has announced a major contract win, securing a Rs 400 crore deal with HDFC Bank to manage 6,000 ATMs across the country for a period of five years. This strategic partnership is expected to enhance CMS Info Systems’ revenue stream from the private sector banking segment.
The agreement extends beyond basic ATM management, incorporating advanced solutions such as currency forecasting and the integration of AI technology. These features aim to optimize ATM operations and improve customer service.
This latest contract follows similar significant deals CMS Info Systems has recently secured with other major financial institutions, including ICICI Bank and State Bank of India (SBI). These successive wins underscore CMS Info Systems’ strong position in the financial services infrastructure sector and its growing role in supporting the digital banking needs of India’s leading banks.
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