CMS Info Systems (CMS) on Sunday announced that it has been awarded an integrated five-year ATM managed services outsourcing mandate by HDFC Bank, with the order being valued at ₹400 crore across 6,000 ATMs.
CMS, in a statement, said it will offer managed service solutions including currency forecasting and logistics and it’s Vision AI solution – HAWKAI.
Anush Raghavan, Chief Business Officer, said: “Building on our expanded ICICI Bank partnership in FY26, our private bank revenue mix has grown from 22 per cent in FY25 to 25 per cent, and we are on track to reach 30 per cent by FY27.”
With the latest contract win, CMS has now secured mandates at three of India’s largest banks, including the recent ₹1,000 crore SBI mandate, he added.
CMS operates across three business segments: ATM Management Solutions, Retail Solutions & Currency Logistics, and Technology & Payment Solutions.
Published on May 10, 2026