Financial Daily from THE HINDU group of publications
Thursday, Dec 12, 2002

Port Info

Group Sites

Money & Banking - New Products & Services

Federal Bank launches mobile alert

Our Bureau

KOCHI, Dec. 11

THE Aluva-based Federal Bank has announced the launch of a comprehensive mobile alert services for all its bank customers.

However, while both the competing banks are offering this additional facility at a cost, Federal Bank was offering the facility free, he said. Unlike the competition, the bank would offer custom built solutions to suit the individual requirements of each customer and there would be an array of 13 products as against four each of the competing banks.

The product will be of immense help to the four lakh odd NRI customers of the bank. They can keep track of the money that they have remitted into their accounts back home, find out when it has been credited into their accounts and when it has been withdrawn by their kith and kin at home.

Send this article to Friends by E-Mail
Comment on this article to

Stories in this Section
Rupee touches one-year high

Bank of Baroda gains as sentiment turns positive
Australian bank seeks nod for NBFC
Vijaya Bank cuts home loan rates
Kerala Govt ties up with SBI for home loans to staff
IRDA directs insurers to follow policyholder norms
ICICI Info to roll out insurance products
ING-Vysya structures $30-m interest corridor for pvt airline
Banks to park more funds in MFs
Banks wary of raw deal in IFCI recast
IFC lines up 10 cos for funding
Securities lacklustre
Defaulters rush to banks — Takeover notices under Securitisation Bill for settlement of dues
Call money: Second stage of prudential limit from Saturday
Banks told to make NRE rupee deposits unattractive
Vijaya Bank eyes northern peers
Nedungadi merger: PNB won't take loss above Rs 35 cr
Plea on pension option
CII seminar on insurance
Federal Bank launches mobile alert

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line