Diebold, Inc. (NYSE: DBD) is helping Bank of Baroda extend services to more of India´s underbanked population with automated teller machines specially designed for the Indian market.
Diebold is implementing 2,100 Diebold 429 ATMs, the world´s first intelligent-powered terminals, which automatically switch between three possible power sources (solar panel, alternating current (AC) grid and internal battery). The ATMs feature an integrated battery backup system and are designed to operate in environments with inconsistent power availability.
Diebold is also managing the performance and optimizes the end user availability of BoB´s entire multivendor fleet of more than 4,000 terminals, providing total implementation services, managed services and second-line maintenance.
Mumbai-based BoB operates more than 4,000 branches throughout India. The bank is deploying at least one ATM at each branch, fulfilling a Ministry of Finance directive to expand self-service banking options for the approximately 40 percent of India´s population that is underbanked.
Bank of Baroda is an Indian state-owned banking and financial services company. It operates more than 4,000 branches and offers a global link with 97 branches, offices and subsidiaries located in 26 countries across the world. For more information, visit www.bankofbaroda.com.
Diebold is a leader in providing innovative self-service technology, security systems and related services. Diebold has approximately 16,000 employees worldwide and is headquartered near Canton, Ohio, USA. Visit Diebold at www.diebold.com or on Twitter: http://twitter.com/DieboldInc.