Current Affairs · Banking Sector Appointments & Contracts
In September 2025, the India Post Payments Bank (IPPB) moved quickly to ensure uninterrupted banking and cash-withdrawal services across its network after AGS Transact Technologies faced corporate insolvency, affecting the maintenance of existing ATMs. As part of its contingency plan, IPPB awarded a fresh contract to a new service provider to install and operate 1,000 replacement ATMs across India. Which company secured this contract to replace the ATMs?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1NCR Corporation
- 2Hitachi Payment Services
- 3Electronic Payment and Services
- 4CMS Info Systems✓
Correct answer
CMS Info Systems
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