PRIVATE BANKS
J&K Bank to focus on South; prefers tie-ups for growth
JAMMU & Kashmir Bank Ltd is focusing on the South to boost its business, according to the Chairman and Chief Executive Officer of the bank, Mr M.Y. Khan. Addressing presspersons here on Friday, Mr Khan said that the bank, which has a Rs 3,000 .. More

CUB ties up for money transfer
CHENNAI: The Kumbakonam-based City Union Bank has tied up with AFL Pvt Ltd, an authorised agent of Western Union Financial Services, US, for providing money transfer services. The bank will make available fifty of its branches from ... More

PUBLIC SECTOR BANKS
SBI ties up with Reliance for 100 wireless ATMs
RELIANCE Infocomm has tied up with State Bank of India for providing the CDMA wireless connectivity for 100 of the banks ATMs. "This is the largest migration of ATMs in wireless connectivity mode, according to a news release from Reliance ... More

Rs 4-cr sanction letters issued at SBI shopping fest in Thiruvananthapuram
THE "Personal Banking Bonanza", a three-day shopping festival being organised by the Kerala Circle of State Bank of India, drew to a close here on Friday. A bank spokesman said that the Chief General Manager, SBI, Kerala Circle, Mr C. ... More

Vijaya Bank signs pacts for tractor finance
VIJAYA Bank has entered into a memorandum of understanding (MoU) with two tractor manufacturers — International Tractors and Mahindra Gujarat Tractors — to provide finance on softer terms to farmers for purchase tractors and power ... More

GOVT BONDS
No bond sale if there is cash surplus: Govt
THE Government is enjoying a `comfortable' cash surplus position and has plans to cancel further auctions of government securities in the coming month, senior government officials have said. The Government might cancel its next bond auction ... More

TRADE & LABOUR UNIONS
Kerala bank officers to go on strike on April 20
THE Kerala State Committee of the All-India Bank Officers Confederation has called for a State-wide strike on April 20. The State Committee, which met at Thrissur yesterday, expressed its sympathy with the agitating officers of Dhanalakshmi ... More