SBI orders ATMs

NCR Corporation has secured a single largest ATM order, worth more than US$50 million, from the State Bank of India. The order will be executed over the next seven years.

NCR will deploy 7,070 SelfServ™ 22e ATM’s, software solutions and provide services support to help SBI further expand its network in India.

“This partnership (with NCR) continues to strengthen our ATM channel network of more than 57,000 ATMs, of which, NCR has almost half the base supporting more than 4,500 locations across India,” said Mrutyunjay Mahapatra, Deputy Managing Director and CIO of SBI.

The SelfServ™ 22e, was conceptualized and ‘Made in India’ specifically for the Indian market and is intuitively designed to handle high transaction volumes and its compact design makes it easier to be deployed in rural locations.

More than 233 million people in India have never been to a bank, and just 74,000 of the nation’s 600,000 villages have access to a bank, said the World Bank which estimates that two billion people worldwide are unbanked.

NCR is headquartered in Duluth, Georgia with over 30,000 employees and does business in 180 countries. fii-news.com