We aren't in the money moving business.
We are in the connecting business business.

About Us

Connecting commerce by making transactions seamless.

Every day new opportunities break new ground and create new connections. And for it to keep functioning smoothly, it needs to be fuelled by money that reaches everywhere it needs to be, flows seamlessly and knows the heart of the economy and energizes it.

We believe our services help increase the velocity of cash in the economy by providing a wide range of services across each stage of the cash cycle in India: from when the RBI initially deposits cash in branches of selected banks, called currency chests (that are authorised by the RBI to hold and distribute rupee notes and coins for circulation to banks), to when cash is deposited back in banks after going through the various stages of the cash cycle.

The 133,469 business points we service are spread across 96.36% of districts in India, through a network that penetrates deep into the growing markets of the country.

The CMS Story


Incorporation as a private limited company, with the name ‘Subhiksha Realty Private Limited’


The IT infrastructure management division of CMS Computers Limited was demerged and transferred to the Company followed by an investment by the Blackstone Group to acquire majority stake in certain key businesses of CMS Computers.


Acquired Securitrans India Private Limited, thus consolidating its position as the leading cash management services company in India


Sion Investment Holdings Pte. Limited, an affiliate of Baring Private Equity Asia acquired 100% stake in CMS Info Systems.

Our platform offers our customers a single point of reference across India for their operations.

The CMS integrated platform is an extensive, reliable and agile network. From ATM network management to retail cash management, automating currency chests for banks to setting up multi vendor ATM software systems for a network, automating enterprise cash collections to home delivery of cash for senior citizens, CMS can handle the entire physical payments flow for your organisation. Further, our ground level knowledge of the markets they operate in, and regional requirements, has given us a distinct competitive advantage.

Board of Directors

Shyamala Gopinath
Chairperson and Non-Executive Director
Mr. Tapan Ray
Independent Director
Ms. Manju Agarwal
Non-Executive Independent Director
Mr. Krzysztof Wieslaw Jamroz
Non-Executive Director
Ms. Sayali Karanjkar
Non-Executive Independent Director
Jimmy Lachmandas Mahtani
Non-Executive Director
Ashish Agrawal
Non-Executive Director
Rajiv Kaul
Executive Vice Chairman, CEO & Whole Time Director

Leadership Team

Rajiv Kaul
Executive Vice Chairman, Chief Executive Officer and Whole Time Director
Pankaj Khandelwal
President and CFO
Manjunath Rao
President - Managed Services
Anush Raghavan
President - CMS Cash Business
Vijay Iyer
Vice President - Cash Business Unit
Sanjay Singh
Rohit Kilam

Few companies can do what we do, or match our scale. We help manage one of the lifelines of the economy. It is a matter of pride that India's finest institutions repose great trust in us.

Rajiv Kaul
Executive Vice Chairman, Chief Executive Officer and Whole Time Director

Vigil Mechanism


CSR Policy


NRC Policy