India, Sept. 2 -- Magellanic Cloud Limited has completed the handover of 685 sites under Phase 1 of its e-surveillance deployment for Punjab & Sind Bank by the second week of August 2026.

The 685 sites represent approximately 74% of the total 930-site deployment scope, completed within just five months of receiving the purchase order on March 19, 2026.

The company said the milestone highlights its ability to execute large-scale, geographically distributed surveillance deployments efficiently across complex banking networks.

The project further strengthens Magellanic Cloud's presence in the BFSI e-surveillance segment, with its technology portfolio spanning AI, cloud computing, analytics and digital infrastructure. The engagement also inc...