HMA Group

HMA Group, is one of the most reputed & respected business conglomerate, possessing over 35 years of domain knowledge in offering state-of-the-art retail banking solutions.

Having focused over 35 years on the Retail Banking Sector, the group with a vision to expand the business of providing most efficient & customer-centric services, expanded into banking, development and promotion of Payment & Card Solutions for global requirements.

The group has the honor of being the only corporate to have introduced the “ATM Revolution in India” and bring in the concept of “Outsourcing” to the Banking Industry.


Today, the HMA Group, comprising of four companies, with its strong team of highly motivated professionals, operates in the vast arena of retail banking & realty, serves more than 150+ clients, in more than 850+ cities within India and is a dominant player in South East Asia, Nepal, Bangladesh, Sri Lanka, Middle East & Africa.

HISTORY & MILESTONES

AHMAD (the Parent & Promoter co.), the provider of Electronic Security Solutions for Banks and Financial Institutions, began its operations, way back in 1988.


BDiebold - HMA Pvt. Ltd., 50:50 joint venture, formed in the year 1992, between Diebold Inc. USA & HMA Data Systems Pvt. Ltd, India, offered a wide range of innovative and cost-effective self-service products & technological banking solutions. The company offered the Total Implementation Solution that allowed single window-shopping for banks for all their ATM needs.


A brand built over a decade, installed over 3000 ATMs in the Indian Market. During the Year 2002, introduced India’s first ATM for visually impaired, for ICICI bank. The joint venture company, with the market share, over 55%, crossed a turnover of more than USD 27 mn, till the parent company, on mutual consent, exited from the partnership in May 2003.


CISC promoted by HMAD during the year 1995, has a proud history of pioneering in Business Process Outsourcing, Transaction Processing, Electronic Fund Transfer and Manager Services & Networking.


DWith proven capabilities in hardware & services part of operations, the only missing link in the HMA stable was a software solutions company. With a bid to become India’s total solutions group, the HMA hived its software division into a separate entity, HMA STARware Pvt. Ltd. (HMA STARware is now under the unified umbrella of CashLink Global Systems Pvt. Ltd.).


EWith wide experience and expertise gained over the years in the retail-banking arena, the group took the next logical step to launch an exclusive hardware company that would cater to the exact needs and demands of the Retail Banking sector. With the objective of bringing more automated approach to retail banking, HMA Group promoted CashLink Global Systems during the Year 2004.


FHMA Land Pvt. Ltd., floated by the Group in the year 2004, primarily focuses on acquisition, development & promotion of land in the growing realty market of India.