Operations Update, page-113

I do recall that discussion Ezyrider.

You wrote;

Back in the day at 004 the projection was 5000-10000 ATMs to be achieved and here we are well past the estimate.

Yes, and they just kicked that ball out of the ground with a spectacular 11,000 ATM goal.

If one deal can produce an 11,000 ATMs and is anything to go by of what ACTUALLY can materialise, then my projection is 50,000 ATMs in the medium term plus thousands upon thousands of e-surveillance systems installed within ATMs. Bill Payments are only at 400 so imagine the scope and potential within that business line. Then as you also highlight m-commerce which is an untapped goldmine. The UPI system will be a game changer in India.

Tony