Business Daily from THE HINDU group of publications Wednesday, Oct 24, 2007 ePaper | Mobile/PDA Version |
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Money & Banking
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Public Sector Banks States - Andhra Pradesh SBH to make a/c opening simpler Hyderabad, Oct. 23 Opening an account with State Bank of Hyderabad branches in the twin cities will be made easier soon. A customer can complete opening of an account within 10 minutes along with an ATM card and cheque book. The bank is in the process of setting up a Liability Centralised Processing Centre (LCPC) to facilitate ‘fast-paced account opening’ for customers in Hyderabad and Secunderabad, Mr R.P. Sinha, Chief General Manger, SBH, told newspersons here on Tuesday. ̶ 0;A customer will be given a temporary ATM card, a booklet of 10 cheques and Pass Book within ten minutes, once LCPC becomes operational,” Mr Sinha said. Within 10 days, a personalised ATM card and cheque book would be sent to the customer. The centre would be opened before December 31. The initiative is a part of the bank’s efforts to mobilise current accounts and savings accounts, he added. — Our Bureau More Stories on : Public Sector Banks | Andhra Pradesh
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