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

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

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

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