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Thursday, May 13, 2004

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Money & Banking - Private Banks


Diebold bags UTI Bank deal

Our Bureau

New Delhi , May 12

DIEBOLD Systems Private Ltd, a wholly owned subsidiary of Diebold Incorporated, has secured a major contract for the supply of ATMs and services to UTI Bank.

The order entails supplying a minimum of 600 ATMs and providing turnkey auxiliary services such as site preparation, ATM managed services and equipment upgrades on a contract basis.

According to a Diebold statement, this is the third consecutive order from UTI Bank. Diebold ATMs comprise 85 per cent of the 1,250 ATMs owned by UTI.

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