IT hardware company HCL Infosystems announced on Tuesday that it has clinched an over Rs 40-crore order from State Bank of India and associated banks to install and service ATMs.
The company, a listed entity of the $5-billion HCL Group, will deploy over 1,000 ATMs and cash dispensers across the country.
“The installation will be over a six-month period, whereas the maintenance and service contract is spread over seven years. The revenue from the contract will start kicking in from the coming quarter onwards,” the HCL Infosystems Executive Vice-President, Mr George Paul, told Business Line.
Friday, August 7, 2009
HCL Info bags order from SBI for ATMs
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