A state owned bank Karnataka Bank is expanding its banking network by launching 25 new ATMs in country. On Wednesday bank initiated 25 new branches making a total of 650 ATMs in the country. It has been reported that bank has already installed 146 ATMs since the beginning of this financial year. Bank is planning to have 7oo ATMs by the end of March and further to make the count of ATM up to 1,000 by next financial year. Earlier the bank is having 504 ATMs.
While inaugurating 650th ATM the Managing Director and Chief Executive Officer of the bank, P Jayarama Bhat, said that the new ATMs are launched while keeping in mind all the security measures. The ATMs are fully equipped with Cameras, CTTV, care taker service all around the day. The bank has established the ATMs completely in accordance with the customer requirements.