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RE7LEX

139 Posts.

06/01/17

16:11

Post #: 21727814
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Originally posted by TonyIndo ↑

Hi Reflex,

Rollout plans continue to proceed, with deployment now underway in six Indian States as highlighted in the November 11, 2016 Operations Update.

The reason why I posted the link to this 2015 article is what was highlighted ie:

* SREI are working with leading officials (RBI) to come up with a solution to take care of operational and security issues. No doubt TSI's e-surveillance and power management solution will also play a a major role in the feasibility and viability of the project.

* SREI have Village Level Entreprenuers (VLE's) at their common service centres (CSC's) through Sahaj e-village, so there will be marginal cost to them and the VLE's, which in turn is going to reduce the cost of installations of ATMs. Banks engage with these VLE's as Business Correspondents (BC's). VLE's build awareness around the benefits of kiosk banking, which is what CSC's offer.

* They now have double the amount of CSC's highlighted in the article. Sahaj have skyrocketed from 28,000 CSC's to 50,000+ CSC's in one short year. Their plans are to increase those numbers to over 100,000 in the next few years. These WLA are going to be installed in the CSC's. How many ATMs are going to be required in each CSC? That's what I have my attention on.

* This is exactly why the utmost attention and time needs to be dedicated to getting this project right for all parties. If so, I believe it will be a company maker. This is so MUCH more than just a transaction play IMO.

Hope this helps.

Tony

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Thanks as always, for your posts - you always clarify - and provide evidence on why, with TSN, 'the sky is the limit' - let the due diligence be done ....

TSN Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
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