Thursday, March 28, 2024
-Advertisement-
Reimagining Public Sector Analytics
Reimagining Public Sector Analytics
HomeNewsEnterprise ITPNB gives multi-year IT managed services contract to NCR

PNB gives multi-year IT managed services contract to NCR

Follow Tech Observer on Google News
Google News

firm Corporation said that it has signed a new managed services agreement with Punjab National Bank (), India's third largest public sector bank. The three-year agreement establishes NCR as Punjab National Bank's key services support provider for a significant part of its global network of over 3,600 ATMs.

PNB is India's sixth largest bank in terms of ATMs deployed in the country with 100 million customers, including approximately 40 million debit card holders. It maintains more than 6,692 branches and has a presence in nine countries.

“We are impressed with NCR in terms of innovation, quality of service provided and its commitment to us and our customers to improve availability of our banking services, drive operational efficiency and deliver proactive service,” said a PNB official. “We are confident in NCR's services approach and that the company will serve our needs well under this agreement.”

The new services agreement is another signal of NCR's commitment to growing its services business in India. Specific services provided to PNB include incident management, cash management, electronic journal pulling services, content management & software distribution services, site management & maintenance services and general housekeeping and upkeep services.

“The expectation of an always-on, omni-present business model is now a given, and financial institutions need to ensure that their banking services are available to their customers when they want,” said Navroze Dastur, Managing Director, NCR India. “Our suite of managed services will help PNB to reduce the high costs of multiple service providers, scale support quickly and ultimately, decrease downtime through high-value managed services. We are committed to providing PNB excellent customer service and building on this tremendous relationship for years to come.”

Get the day's headlines from Tech Observer straight in your inbox

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
Tech Observer Desk
Tech Observer Desk
Tech Observer Desk at TechObserver.in is a team of technology reporters led by a senior editor who brings latest updates and developments from the world of technology.
- Advertisement -
Reimagining Public Sector Analytics
Reimagining Public Sector Analytics
- Advertisement -Veeam
- Advertisement -Reimagining Public Sector Analytics
- Advertisement -ESDS SAP Hana

Subscribe to our Newsletter

83000+ Industry Leaders read it everyday

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
- Advertisement -

How AI power struggle opens up new frontier in global geopolitics

The far-reaching influence AI has on information processing, national security, military operations, the economy, and strategic decision-making is set to reshape the geopolitical landscape and redefine the power dynamics between nations.

RELATED ARTICLES