Findi (ASX:FND) has reached a milestone with the deployment of 2,000 ATMs under its contract with Central Bank of India (CBI).
The New Delhi-based payments services company says in the past three months, 1,000 ATMs have been installed, almost double the rate of the first half of the rollout.
Findi says it's focusing on further initiatives to drive value under the CBI contract, and discussions with CBI on these issues have been positive.
It also says the Indian financial transactions market is showing strong market dynamics, and Bloomberg reported that activity in India’s services sector grew at its fastest pace in six months to December.