] , the country's largest lender, is on an outsourcing overdrive. After outsourcing the back-office work in foreign offices, the bank has now decided to rope in external agencies to set up automated teller machines to save on capital expenditure and reduce the rollout time. It plans to initially outsource 500 ATMs to vendors, including original equipment manufacturers.
SBI intends to take the ATMs tally from the current 8,600 to 25,000 by March 2010. This entails large capital expenditure and management time, a senior executive said. "If the bank can provide better customer services (ATM facilities) without buying machines, why not? It is possible to save on capital expenditure," the executive added. He did not spell out the extent of savings.
Full Story: SBI to outsource rollout of ATMs
SBI intends to take the ATMs tally from the current 8,600 to 25,000 by March 2010. This entails large capital expenditure and management time, a senior executive said. "If the bank can provide better customer services (ATM facilities) without buying machines, why not? It is possible to save on capital expenditure," the executive added. He did not spell out the extent of savings.
Full Story: SBI to outsource rollout of ATMs
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