HCL Bags Deal From SBI To Deploy ATMs

The state-of-the-art ATMs will come with enhanced features like Braille enablement and support for multi-lingual content.

hidden August 04, 2009 20:31:21 IST
HCL Bags Deal From SBI To Deploy ATMs

HCL Infosystems has bagged an order of over Rs 40 cr from State Bank of India and associated banks to deploy, maintain and service Automated Teller Machines (ATMs). HCL will deploy over 1000 ATMs and cash dispensers across the country. The state-of-the-art ATMs will come with enhanced features like Braille enablement and support for multi-lingual content. This is a first of its kind order for HCL Infosystems since its tie-up with Korean major Nautilus Hyosung to provide complete ATM solutions for banks across the country.

"We have been focusing on providing innovative banking and finance solutions for the Indian market. Given the potential of this sector, we are sure that with our ATM solutions, we will be able to raise the bar for banking and financial solutions in India," said J V Ramamurthy, chief operating officer, HCL Infosystems.

The HCL-Hyosung range of ATMs offers products that have been customised to the various requirements of the Indian market. Going ahead, HCL also plans to introduce rural ATMs, meant for deployment by banks in locations with relatively low transaction volumes, which are also designed to help 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.

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