The State Bank of India (SBI) has agreed to purchase 3,800 ATMs, as well as a seven-year ATM services contract, from NCR - reinforcing NCR's leadership in the Indian ATM market.

SBI - the nation's largest bank - has more than 15,000 ATMs deployed across the county, including 10,000 NCR ATMs, making it the bank with highest ATM penetration in India.

As part of the contract, NCR will undertake ATM deployment, site implementation services (SIS), second line maintenance (SLM) and managed services for SBI. The SLM contract extends to the next seven years, ensuring that SBI ATM's are available to its customers at all times.

The order includes ATMs equipped with DVSS (Digital Video Surveillance Systems) to counter frauds.

Sharing his views, Rajiv Arora, NCR, general manager for Sales in India said: "All leading banks in India continue to trust our easy-to-use self-service solutions and ATM management capabilities that is backed by NCR's state-of the-art manufacturing facility and customer care centre that not only helps bank to transform their business but also maintain higher customer satisfaction levels. This order reiterates our leadership position in the Indian ATM market place and reinforces our long-standing partnership with SBI - the largest bank in India, who continues to value our self-service technologies to better serve their customers by making formal banking services available when and where they want."