Hyderabad based lender, Mahesh Bank has introduced Real Time Gross Settlement (RTGS) facility through its own platform. Through this the bank has also initiated online fund transfer facility through its branches.
Speaking on the occasion, Mr Ramesh Kumar Bung, Chairman of the bank said that with RTGS facility being implemented, fund transfer using electronic means would become easier and economical to customers.
"This will also enable Mahesh Bank to join ATM network across the country by becoming the member of shared network," he said.
The facility was inaugurated by r. S Ganesh Kumar, Chief General Manager, IDRBT, Hyderabad.