India Post plans to set up 1,000 ATMs across six states
The Department of Post (DoP) in India is planning to set up 1,000 automated teller machines (ATMs) across six states -Assam, Uttar Pradesh, Rajasthan, Maharashtra, Karnataka and Tamil Nadu – under its ongoing modernisation plan, according to a top official.
“We will start execution of our modern technology programme across six circles by the end of this year. This will help in people getting core banking facility etc. We plan to have 1,000 ATMs in a phased manner. The process for this will start by the year-end,” Secretary (Posts) Manjula Parasher said.
DoP has selected five major technology companies for five of its technology advancement projects. It has issued Letters of Intent to Infosys for two projects which are Rural System and Financial Services Integration, Tata Consultancy Services for Change Management, Sify for Network Integration and Reliance Communications Infrastructure for Data Centre.