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ATM OUTSOURCING IN INDIA
SBI advisory for May 25-26 bank strike: Check State Bank of India's available banking services during two-day protestSBI customers are advised to utilize digital services like ATMs, CSPs, and the Yono app as the All India State Bank of India Staff Federati...- SBI Bank Holiday Alert 2026: SBI branches may remain closed for up to 6 days from May 23-28 due to weekend, strike and BakridSBI bank holidays May 2026: SBI branches may be closed for up to six days from May 23, 2026, due to a weekend, a proposed two-day staff str...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%It is not every day that you see crude oil prices moving higher and the Asian markets, including India, also inching higher. Now, as an inv...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%If you are putting fresh money into the market, it might be a good idea to stay with companies that don't have much to do with global suppl...
- Banks bank on cash recyclers in new ATM cycleIndian banks are set to deploy nearly 17,350 ATMs in the coming months. A significant majority of these will be advanced cash recyclers. Th...
- CMS wins Rs 1,000 crore SBI integrated cash solutions contract for 5,000 ATMsState Bank of India has awarded a significant Rs 1000 crore, 10-year contract to CMS Info Systems. This deal covers cash outsourcing for 5,...
- CMS Info Systems shares jump 3% as IPPB awards contract for 1,000 ATMsCMS Info Systems share price: CMS Info Systems has secured a key contract from India Post Payments Bank (IPPB) to replace 1,000 ATMs and ca...
- CMS Info Systems to replace 1,000 ATMs for India Post Payments Bank"One of the big wins we had was with the department of post. This was a former customer of AGS, and when they shut down, the department dec...
- CMS Info Systems to set up 3,000 ATMs for SBI by March; to invest Rs 200 crore"CMS has received mandate from SBI for a deployment of 3,000 ATMs. As a part of the term sheet, CMS will select the site, deploy ATMs, prov...
- EPS to enter new business lines in digital bankingThe company has partnered with Morocco-based m2m and Dubai-headquartered Ascent Business Group to use their products for these segments, sa...
- India outsourcing under scanner after $45-mn global ATM heistThe modus operandi included hacking in computer systems of payment processing cos to compromise account details of prepaid card a/c custome...
- CX partners may invest Rs 150 crore in Transaction SolutionsCX Partners is negotiating an investment of around Rs 150 cr in Transaction Solutions International, an ATM outsourcing company.
- Private equity firm Actis to invest Rs 200 crore in AGS Transact TechnologiesPrivate equity firm Actis is investing over Rs 200 crore in AGS Transact Technologies, a firm that runs and manages ATMs for banks.
- Actis to invest Rs 220 cr in ATM outsourcing firm AGS"Actis, the pan-emerging markets private equity firm, today announced an investment of Rs 220 crore in AGS Transact Technologies Ltd (AGS),...
- Hit by slow credit offtake and thin margins, banks will outsource 50% ATMs by 2015Banks, which hold the ATM licence, will be only responsible for the cash and its clearing and settlement.
- TPG group buys 20% in ATM deployer for Rs 150 crTPG Group has acquired 20% stake for about Rs150 crore in AGS Transact Technologies, which offers technologybased solutions to banks.
- Banks use outsourcing route to scale up ATM networkBanks are increasingly using the outsourcing route to scale up their ATM networks without wearing out their resources.
- ICICI may spin off ATMs, sales pointsICICI Bank, is looking at setting up a new entity to house its ATMs and point-of sale terminals, which accept credit and debit card payment...
- Banks may pamper you with more ATMs in neighbourhoodYou may soon be able to withdraw money or carry out other transactions from an Automated Teller Machine.
- RBI to allow pure white-label ATMsYou will soon find more ATMs at your neighbourhood as banks & outsourced cos team up for a major push.
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