Diebold HMA Private Limited, a
premier self-service company in India, announced that it has obtained
the largest single order for automated teller machines in India from
UTI Bank. The order is for a minimum of 300 ATMs, including ATM site
preparation on a turnkey contract basis, and is to be completed by June 2003.
Diebold HMA will supply the state-of-the-art 1062ix advanced function
interior ATMs to meet UTI Bank’s business needs. Diebold HMA will also take
primary responsibility for building the ATM site per bank-approved
“Our extensive experience in self-service and financial transactions, and
proven expertise in networking, switching and banking software, helped us to
secure this order,” said Harish K. Murthi, managing director of Diebold HMA.
“This is a win-win situation. We are very pleased to work with UTI Bank,
which is an innovator in the industry, while developing our leadership in the
challenging Indian self-service market.”
About UTI Bank
Founded in 1994, UTI Bank was one of the first new private banks
established in India. A financial institution dedicated to adopting the best
industry practices, UTI offers a wide range of retail and corporate banking
options from its 88 full-service branches nationwide. The bank has the second
largest ATM network in the country with 351 ATMs as of June 2001. This number
is expected to reach 575 by March 2002. The bank’s aggressive Internet banking
technology allows consumers to view account balances and transfer funds
between accounts, (with future plans to allow bill payment via Internet,
kiosks and ATMs), NRI services, loans, financial advice and e-commerce. For
more information, please contact http//www.utibank.com.
About Diebold HMA
Diebold HMA is a joint venture between HMA Data Systems and Diebold,
Incorporated, USA. Diebold Incorporated, is one of the largest providers of
self-service and security solutions worldwide, with a presence in more than 80
countries. Diebold HMA, together with its group companies India Switch
Company and HMA STARware Limited, provide total solutions in retail delivery
management tailored to financial institutions in India.
The company has at present 46 offices and supports 62 locations — one of
the largest direct service infrastructures in India. Diebold HMA has set up an
ATM display and software solutions center in Chennai. The center showcases
ATMs and cash dispensers that offer a wide range of innovation and cost-
effective services and other banking solutions.