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RailTel received an Rs. 253.35 crore SBI Project for 4G ATM Connectivity

Published on February 05, 2023

Current context: The State Bank of India has commissioned RailTel Corporation of India Ltd., a government-owned enterprise under the Ministry of Railways, to provide 4G LTE connectivity to 15,000 off-site ATMs throughout India

RailTel received an Rs. 253.35 crore SBI Project for 4G ATM Connectivity.

  • The project’s cost, which also covers the operation and maintenance of the network for five years, is estimated at Rs 253.35 crore, excluding taxes.
  • LTE, which stands for Long-Term Evolution, is a 4G wireless technology that offers improved network capacity and speed compared to 3G.
  • RailTel was selected for this project, one of the largest in India for 4G LTE last-mile connectivity, through a competitive bidding process.
  • The project also calls for establishing a Network Operations Centre, backhaul connectivity to SBI's data centre and disaster recovery centre, a Service Level Agreement monitoring dashboard, and a 24/7 support desk.
  • RailTel is one of India's leading neutral telecom infrastructure and Information and Communications Technology solution providers, with a nationwide optical fibre network that connects various towns, cities, and rural areas.
  • The company has two Tier III data centres approved by the Ministry of Electronics and Information Technology and a robust network of 61,000+ route kilometres of optical fibre.
  • Multiprotocol Label Switching (MPLS), Virtual Private Networks (VPNs), Telepresence, Leased Lines, Tower Co-location, Data Center Services, and other services are among the many RailTel offers.
  • By offering free public Wi-Fi at railway stations all around India, RailTel is also working with the Indian Railways to transform railway stations into digital centres.

Question: 

Q.1 RailTel Secures Rs. 253.35 Crore ______Project for 4G Connectivity to ATMs.
a. HDFC
b. SBI
c. RBI
d. Axis Bank

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