Australia-based Findi hits over 2-decade high on buying Tata Communications unit
The acquisition of Tata Communications Payment Solutions will significantly expand Findi's ATM business, adding 4,600 ATMs and a White Label ATM platform with licence, the Australia-based firm said in a statement, adding that it planned to deploy 3,000 more ATMs. The acquisition will be financed through existing resources, Findi said, adding that it was awaiting approval from the Reserve Bank of India.