Monday, March 9, 2009

SBI ties up with Diebold for ATM expansion

State Bank of India has tied up with Diebold for the largest ATM expansion in the country, a press release from Diebold India said. After the expansion, SBI’s total ATM network will touch 12,000.

As part of the contract, Diebold will provide SBI with its model D450 ATM.

The contract includes ATM site preparation and managed services. Currently, Diebold provides managed services solutions for more than 3,500 of SBI’s ATMs across India. It also offers remote monitoring of the ATM network, the release said.

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