EPIC UPDATE : STATE BANK OF INDIA

State Bank of India is reportedly planning to outsource the management of some of its ATMs. The bank has asked for a Request for Proposal (RFP) from vendors to manage about 7,843 cash dispensers (ATMs). The bank is expecting from Vendors to have all capabilities to remotely capture and initiate appropriate action in the event of any problems at these cash dispensers. SBI had an ATM network of 32,777 as of September 2013 and has declared aggressive plans of expansion.

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