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Diebold in pact with SBI for ATM expansion

March 9, 2009

Trading Markets:Diebold Inc. has signed a deal with Mumbai's State Bank of India to expand the bank's ATM network across the country. By May, Diebold expects to provide 2,740 full-function model ATMs to the bank, which currently has 12,000 ATMs. State Bank says it plans to increase its ATM fleet by another 4,000 ATMs in the near future.
 
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