IT Scan

February 17 , 2003
CMC wins multi crore order from Central Bank


NEW DELHI -- CMC Ltd. has signed a multi-crore total branch automation (TBA) order from the Central Bank of India. This is one of the most significant breakthrough orders among its recent wins.

The TBA order covers the automation of 300 branches across 36 cities and involves the installation of a range of IT equipment including state-of-the-art PCs, servers and printers in every branch. This will enable the bank to extend its IT-enabled services to a larger base of customers across the country. CBI had earlier selected CMC to setup its countrywide network. The network provides interconnectivity to its regional and branch offices for data and voice communication.

Raghuraman, general manager--IT, Central Bank of India, said, "CBI is one of the most IT savvy banks in the country having a vision to fulfill its commitment to people by stretching its services into the remotest rural places."

R Ramanan, deputy managing director and chief operating officer, CMC Ltd., added: "We have been a value adding technology partner of CBI for many years. With CMC's superiority and proven experience in executing large nationwide projects successfully across the country, CMC provides a superior value proposition to service to the remotest customer locations. In addition, our association with software major Tata Consultancy Services provides us with enhanced capability both in the range and reach of our services. Since the Tata takeover, the strength of CMC-TCS synergy is evident from the large deals that the two companies have been able to successfully win together."

Contact:
CMC Ltd

Tel: +91-11-2336-0184/0153
Fax: +91-11-2374-6025


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