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.