
CMS Info Systems has secured a Rs 1,000 crore, 10-year contract from State Bank of India to manage cash outsourcing for 5,000 ATMs nationwide. The deal, effective January 2026, aims to improve cash efficiency and ATM uptime for millions of customers. This marks the first direct, large-scale cash outsourcing mandate awarded by a public sector bank. CMS anticipates the contract will contribute approximately Rs 500 crore in incremental revenue over its tenure, strengthening its relationship with SBI.
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