State Bank of India (SBI) is planning to outsource the maintenance of 10,000 of its on-site automated teller machines (ATMs).Sources in the ATM vendor and cash logistics industry said the transaction will be the largest of its kind, and the bank is expected to float a request for proposal (RFP) in 45 days.SBI has around 25,000 on-site ATMs, and the RFP – on execution – will mean 40 per cent of such machines will be maintained by external agencies. The bank's total ATM base – onsite and off-site – stood at 63,580 in FY24.https://www.business-standard.com/finance/news/sbi-to-outsource-running-of-40-of-onsite-atms-marking-largest-such-order-124101800055_1.html
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