SBI ATM Contract: Cash management and business services company CMS Info Systems has received a major 10-year contract worth ₹1,000 crore from the State Bank of India (SBI). Under this agreement, CMS will manage approximately 5,000 SBI ATMs across India. The contract will commence on January 1, 2026. The company will work to increase ATM uptime, improve cash efficiency, and make banking services more stable and secure through modern technology solutions, directly benefiting millions of customers.

SBI ATM Contract: CMS Info Systems Limited, a company focused on cash management and business services, has received a major contract worth ₹1,000 crore from the State Bank of India (SBI). Under this agreement, CMS will manage approximately 5,000 SBI ATMs across India. The contract will commence on January 1, 2026, and will last for 10 years. According to the company, this is the first major direct public sector bank cash outsourcing contract involving such a large ATM network.

What services will CMS provide?

Under this project, CMS will work on managed services, improving cash efficiency, and enhancing ATM functionality. Its primary objective is to improve ATM uptime and ensure uninterrupted cash availability for customers. The company will make ATM operations more stable, secure, and efficient through modern technology solutions, which is expected to directly benefit millions of SBI customers.

Additional Revenue Growth of ₹500 Crore

CMS Chief Business Officer Anush Raghavan stated that this contract is expected to generate additional revenue growth of approximately ₹500 crore for the company in the coming years. He said, "This historic long-term contract worth Rs 1,000 crore will provide seamless self-service banking to millions of customers and ensure high-quality service standards."

CMS and SBI's partnership strengthens

This new agreement further strengthens the long-standing business relationship between CMS and SBI. CMS has already worked with SBI on several large and complex banking projects. The company has a strong presence in the banking outsourcing sector through its multi-vendor software solution, Vision AI solution HAWKAI™, and ATM managed services.

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