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August 26, 2009

Diebold Bags Another Contract From State Bank of India

To provide additional 1,750 ATMs and cash dispensers

By CBR Staff Writer

Diebold, a global provider of integrated financial self-service delivery, has been awarded a contract from the State Bank of India (SBI), for an additional 1,750 automated teller machines (ATMs) and cash dispensers (CDs). This contract is an addition to the earlier order of 2,740 ATMs from SBI, taking the total number of orders to 4,490 ATMs. Moreover, the contract also includes site implementation services.

Reportedly, Diebold will provide SBI with ATM model Diebold 450 and cash dispenser Diebold 422, designed for the Indian market. Diebold’s terminals features include: Agilis XV 91X software, 15-inch touch screens with function keys; head phone jacks and speakers for voice guidance to enable interactive transactions for the visually-impaired.

According to the company, the ATMs also features an integrated digital video recorders (DVRs) for image storage to improve security and customer experience. It has added that with an optional bar code and biometric reader, Diebold 422 is equipped with a UL 291-rated safe that provides safety in the case of a burglar attack.

Naresh Hosangady, managing director, Diebold India, said: “We are actively partnering with SBI in their expansion plans and deploying ATMs at a rapid pace. Diebold has been providing innovative solutions and is a leader in the ATM industry including managed services for ATMs. We will continue to invest in newer technologies and solutions for the Indian banking industry.”

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