MoneyWorks4Me

AGS Transact Technologies wins order from SBI

10 Nov 2023 Evaluate

AGS Transact Technologies has won order for 1,350 ATMs from the State Bank of India (SBI), India’s largest PSU bank, under its Banking Automation Solutions portfolio. SBI will strategically deploy these ‘AGS’ branded ATMs on a pan-India basis during FY24.

AGS Transact Technologies recently completed the integration of 8,000 ATM/CRMs under its Managed Services portfolio, for Punjab National Bank and Union Bank of India. As of September 30, 2023, AGS Transact Technologies has installed, managed, or maintained 77,658 ATMs/CRMs across 2200 cities and towns in India.

AGS Transact Technologies operate its business in Payment Solutions; Banking Automation Solutions; and other Automation Solutions (for customers in the retail, petroleum and colour sectors) segments.


Peers
Company Name CMP
Sagility 45.01
Prime Focus 326.70
Knowledge RealtyTrt. 113.88
Indegene 596.20
Syngene Internatl. 380.15
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