HCL bags Rs 40 crore deal from SBI

HCL Infosystems has bagged an order of over Rs 40 crore from the State Bank
of India (SBI) and associated banks to deploy, maintain and service automated
teller machines (ATMs). HCL will deploy over 1,000 ATMs and cash dispensers
across the country. The new ATMs will come with enhanced features like Braille
enablement and support for multi-lingual content.

"We provide banking and finance solutions for the Indian market. This order
from SBI is once again a recognition of our reach and capability to roll out and
support technology solutions across the country. Given the potential of this
sector, we are sure that with our ATM solutions we will be able to raise the bar
for the banking and financial solutions in India," said JV Ramamurthy, COO, HCL
Infosystems.

Going ahead, HCL also plans to introduce rural ATMs, meant for deployment by
banks in locations with relatively low transaction volumes and also help in the
financial inclusion initiatives of banks.