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The Economic Times

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SBI awards Rs 1,000-crore ATM management mandate to CMS

State Bank of India has awarded a significant Rs 1000 crore, 10-year contract to CMS Info Systems. This deal covers cash outsourcing for 5,000 ATMs across India. The agreement will enhance cash efficiency and ATM uptime for millions of customers. The project is set to begin in January 2026. This marks a major step in bank outsourcing.

7 Jan 2026 11:03 am