MoneyWorks4Me

CMS Info Systems to set up 3,000 ATMs for SBI by March

06 Jan 2021 Evaluate

CMS Info Systems is going to set up 3,000 ATMs by March for State Bank of India (SBI) as the country’s largest lender looks to expand the outsourced model. The outsourced model or Brown Level ATM (BLA) is managed by the service provider on behalf of bank. Most of these ATMs are offsite ATMs.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.

Peers
Company Name CMP
State Bank Of India 941.85
PNB 116.40
Bank Of Baroda 236.30
Canara Bank 118.75
Union Bank Of India 172.60
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