Diebold Lands ATM Contract With State Bank Of India

By Diebold Inc. March 11, 2009, 1:00 a.m. EDT 1 Min Read

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The State Bank of India will buy 2,740 full-service ATMs from Diebold Inc., a spokesperson for the United States-based ATM maker tells ATM&Debit News, a CardLine Global sister publication. Diebold expects to deliver machines to the bank in May. The State Bank of India operates a network of 12,000 ATMs, and it plans to expand the network by 4,000 machines, though it was unclear what other vendor was supplying the remaining ATMs. Diebold, the world's third-largest ATM manufacturer based on 2007 worldwide shipments, has an agreement to manage 3,500 of the bank's ATMs.

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