HCL bags over Rs 40 crore deal from SBI

Kolkata: HCL Infosystems has bagged an order of over Rs 40 crore  from the State Bank of India 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 have been focusing on providing innovative 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. This solution will be an ideal vehicle to offer cost-effective ATM convenience to the largely untapped rural areas taking the power of banking to every Indian.