CMS Info Systems bags Rs 400 crore HDFC Bank ATM management mandate
ET Bureau | May 11, 2026 3:38 AM CST
Synopsis
CMS Info Systems has won a significant Rs 400 crore contract with HDFC Bank. The deal spans five years and involves managing 6,000 ATMs. CMS will offer complete ATM services, including cash management and AI-driven optimization. This partnership follows CMS's previous work with ICICI Bank and State Bank of India.
Mumbai: CMS Info Systems has secured a Rs 400 crore mandate from HDFC Bank to manage 6,000 ATMs over the next five years, the company said in a release. Under the integrated ATM managed services contract, CMS will provide end-to-end solutions including currency forecasting, cash logistics and artificial intelligence-led service optimisation, the company said in a statement.
CMS has previously partnered with ICICI Bank and State Bank of India.
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