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CMS Wins Rs 400 Cr HDFC ATM Deal

11 May

Summary

CMS Info Systems will manage 6,000 ATMs for HDFC Bank.
The contract is valued at Rs 400 crore over five years.
Services include AI-driven optimisation and cash logistics.

CMS Info Systems has announced a major five-year contract with HDFC Bank, valued at Rs 400 crore. This mandate involves the comprehensive management of 6,000 ATMs across the country. The agreement covers integrated ATM managed services, offering end-to-end solutions tailored to HDFC Bank's needs.

Key services provided by CMS under this contract include sophisticated currency forecasting to ensure optimal cash availability. Additionally, the company will manage secure cash logistics and employ artificial intelligence for service optimization, aiming to enhance efficiency and reliability. This strategic partnership underscores CMS's expertise in the financial services sector.

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