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CMS Info Systems plans to invest upto Rs 1,300 crore on ATM ramp-up

Rajiv Kaul, vice-chairman and wholetime director, CMS Info System, said that starting with a capital expenditure of Rs 180-200 crore, the company expects to create 2,000 jobs

ATM, banks, cash withdrawal, bank fraud, debit card, credit
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Besides CMS, the other players in ATM management include AGS Transact, SIS, and Writers Corp. Apart from ATM and cash management, CMS does maintenance and card personalisation services

Mumbai
2 min read Last Updated : Dec 21 2020 | 1:23 AM IST
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Baring Private Equity-backed CMS Info Systems (CMS), plans invest upto Rs 1,300 crore to scale up its managed ATM business and cash management business in India.

Rajiv Kaul, vice-chairman and wholetime

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Topics : ATMs in India Indian Banks Baring Private Equity Asia

First Published: Dec 21 2020 | 1:18 AM IST

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