Acquisitions7 Jan 2026, 10:59 am
CMS Wins Landmark ₹1000 Cr SBI Integrated Cash Solutions Contract for ~5,000 ATMs
AI Summary
CMS Info Systems Limited (CMS) has been awarded a ₹1000 crore, 10-year contract from State Bank of India (SBI) for managing ~5,000 bank-owned ATMs across India. This contract includes managed services, improving cash efficiency, and delivering higher ATM uptime. This win marks a clear preference for integrated solutions in bank outsourcing and further strengthens the long-standing relationship between CMS and SBI. The contract goes live in January 2026 and is expected to deliver incremental revenue growth of ₹500 Cr for CMS.
Key Highlights
- CMS wins ₹1000 crore, 10-year contract from SBI for managing ~5,000 bank-owned ATMs across India.
- Contract includes managed services, improving cash efficiency, and delivering higher ATM uptime.
- This win marks a clear preference for integrated solutions in bank outsourcing.
- Contract further strengthens the long-standing relationship between CMS and SBI.
- Expected to deliver incremental revenue growth of ₹500 Cr for CMS.