State Bank of India's ambitious Project "25000 ATM"

State Bank of India has launched ambitious project “25000 ATM” in which the bank envisages to double its ATM based from 12,250 ATMs to 25,000 ATMs by March 2010. Approx 200 ATMs are to be intsalled by its Associate banks (AB).

For the success of this project, State Bank of India has done a five year contract with Huges Communications India Ltd to deploy State Bank of India’s (SBI’s) network of 2880 VSAT to connect its off site ATM across the country.

Huges Communications India Ltd. is the premier provider of broadband satellite and network services. Huges Communication deploy the turnkey network , which encompasses system integration, satellite bandwidth and network management.

This project is a part of State Bank of India's ambitious Project "25000 ATM" in which the bank envisages to double its ATM based from 12,250 ATMs to 25,000 ATMs by March 2010. By contracting with Huges Communications, now SBI’s associate bank can directly contact with Huges Communications to deploy their ATM. Huges will offer Secure VSAT-based connectivity to SBI with backhaul to the bank’s data center and diaster recovery locations.

Under this contract, Hughes will provide connectivity to Kiosk machines that would be co-located with the ATMs to provide customers the option to know their SBI account details and book railway tickets through the kiosk machines. Functionality and number of these machines may be enhanced in the coming future.

Vice president of Huges Communicatiosn India said that we were pleased to strengthen our longstanding relationships with the State Bank of India from providing connectivity for their CBS branches /kiosks to extend its ATM Network across the country.

As per Chatterjee “Satellite Broadband has been the backbone of connectivity for the Indian banking industry and Hughes is proud to have connected more than 6500 CBS branches and around 4500 ATMs/Kiosk for various banks in the country using this technology. After completion of this project, total banking sites of Hughes would be touching 15000,"