Reasonable announcement considering what India has dealt with during the demonetisation!
Transaction volumes ok.
E-surveilance going ahead.
Little bit up in the air regarding Srei, but government will need to get to the rural some how and the CSC's still looking good.
650,000 villages and only 40,000 with ATM's.
They need ATM's or am I seeing this incorrectly and please correct me if that is the case.
The budget just out looks favourable for the rural as well from what Ive been reading also.
The acquisition time frame looks like it will be extended and CX partners understand the magnitude of recent months during and post demonetisation.
The new norm will be hailed as growth!
Out of the bad comes good..........India will have a new growth period!
Diebold and NCR have a back log of ATM orders.
Anyway seems like a good time to top up to me.
Jocko.
Ann: Operations Update, page-22
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