NEWS & ADVICE : CAR LOANS
UBI sets aim for 130 new ATMs in Tamil Nadu
By Vaibhav Aggarwal
Jun 23, 2011
Print    Email    RSS   

Public sector lender Union Bank of India has harbored plans to set up 130 ATMs in Tamil Nadu thereby taking its total ATM count to 5000 in this fiscal, said Mr Lalit Sinha, General Manager (Alternate Channels and New Initiative Department).

The lender also aims to make 60% of its transactions electronic thereby making lesser usage of branches. As of the year 2009, electronic transactions held only 35% of the total transactions for the bank.

The bank has also won the ‘ACI Excellence Award' 2011 for the project, ‘customer empowerment using ACI solution BASE 24,' said Sinha.

He added that a new pilot project called 'cashless transaction' has been started by the bank in a university in Madhya Pradesh.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Carnival of Indian Personal Finance Blogs # 8
Carnival of Indian Personal Finance Blogs #2
Used Car Loan Melas in India
This is how a bank lends money
Managing loans through difficult times


CAR LOAN STETMENT
Hello I am looking to renew my car insurance and I...
my loan no

NEWS THIS WEEK
SBH bank extended its Car and gold loan campaign till 31st March, 2015. Feb 11, 2015
KVGB bank signed MOU with TATA Motors Feb 10, 2015
SBH bank extended its scheme offering concession to loan defaulters Feb 2, 2015
Karnataka Bank tied up with TVS motors to Assist Auto rickshaw buyers Jan 27, 2015
RBI extended the Directions issued to Amanath Co-operative Bank for a period of six months Jan 22, 2015
News Archive