Mumbai, May 10, 2026: CMS Info Systems Limited has secured a five-year ATM managed services mandate from HDFC Bank valued at approximately ₹400 crore.
Under the agreement, CMS Info Systems will provide integrated ATM managed services for around 6,000 ATMs across India. The scope of services includes currency forecasting, cash logistics management and deployment of the company’s Vision AI platform, HAWKAI™.
The company described the order as a significant milestone in strengthening its position in the ATM management and banking technology services segment.
Commenting on the development, Anush Raghavan said the mandate validates CMS’ technology platform, nationwide operational scale and execution capabilities in uptime and compliance management.
He added that the company’s private banking revenue mix has increased from 22% in FY25 to 25% in FY26 following the expansion of its partnership with ICICI Bank, and is expected to reach 30% by FY27.
CMS also highlighted that the HDFC Bank order follows its recently announced ₹1,000 crore mandate from State Bank of India, further strengthening its presence among India’s largest banking institutions.
CMS Info Systems Limited operates across ATM management solutions, retail solutions, currency logistics and payment technology services. The company has a nationwide network covering 97% of India’s districts and offers technology platforms including HAWKAI Vision AI and ALGO MVS ATM software.