Copyright thehindubusinessline

Bartronics India has been empaneled by Bank of Maharashtra as a Corporate Business Correspondent (CBC) Vendor for a period of five years. Currently, Bartronics’ CBC operations under Bank of Maharashtra span 1,800 villages, serving a population of over 15 million. Under the new engagement, Bartronics plans to expand its nationwide presence from 1,800 to 3,000 banking touchpoints over the next 6–9 months, with a focus on Maharashtra, Madhya Pradesh, Chhattisgarh, and Karnataka. The expansion will cover an additional 1,200 new Customer Service Points (CSPs) and is expected to generate an additional ₹50 crore in revenue over the next five years. This initiative will also create employment opportunities for 1,200 local CSP agents, further strengthening rural entrepreneurship and on-ground banking support, according to a release. Published on November 7, 2025