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Sunday, Feb 08, 2004

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Money & Banking - Public Sector Banks


ATM network sharing pact

Our Bureau

MANGALORE: Corporation Bank and Andhra Bank have signed an agreement facilitating mutual sharing of their automated teller machine (ATM) networks.

A press release by the Deputy General Manager of Corporation Bank, Mr B.R. Bhat, stated here on Saturday that the arrangement would be operationalised shortly.

The release said the bank has installed more than 600 online interconnected ATMs. It has computerised all the 700 branches and 85 extension counters in the country.

Andhra Bank has 1,124 branches, 126 extension counters, 44 satellite offices and 256 ATMs.

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ATM network sharing pact
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PNB revises FCNR (B) deposit rates
RBI cancels co-op bank licence



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