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Our Bureau

Mumbai , July 11

STATE Bank of India launched its first mobile ATM for increasing the banking convenience of its customers.

The mobile ATM service will initially be made available in Goa.

SBI plans to introduce five mobile ATM vans this year, said Mr Ashok Kini, Managing Director, speaking at the inauguration of the mobile ATM here on Saturday.

SBI is looking at disbursing farm loans to the extent of Rs 8,000 crore in the current fiscal, Mr Kini said.

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