Financial Daily from THE HINDU group of publications Thursday, Dec 16, 2004 |
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Money & Banking
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Private Banks Karnataka Bank ties up with India Switch Our Bureau
Mangalore , Dec. 15 KARNATAKA Bank Ltd has signed an agreement with India Switch Company (ISC), an electronic funds transfer solutions provider, to outsource its network of around 100 ATMs to ISC. A bank release said here that the agreement in this regard was signed in Mumbai recently. Quoting the Chairman and Chief Executive Officer of the bank, Mr Ananthakrishna, the release said, "Karnataka Bank is one of the most techno-savvy banks from the South. By partnering with ISC, the bank intends spreading its wings to a wider national presence. We intend to provide more touch points through retail banking channels along with more value-added services to our distinguished customer base."
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