Business Daily from THE HINDU group of publications
Monday, Feb 18, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Monday, Feb 18, 2008 ePaper | Mobile/PDA Version |
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Money & Banking
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Public Sector Banks States - Karnataka Coin-vending machine at Corp Bank Mangalore, Feb. 17 In view of the shortage of coins, the Corporation Bank has installed a coin-vending machine at its Car Street Branch in Mangalore. A bank release said here that this is the first of its kind initiative by any bank to mitigate the acute shortage of coins in the city. The coin-vending machine scans the note inserted into it for genuineness and then dispenses coins. There are two hoppers in the machine which can store three types of coins of denominations five, two and one. The General Manager, Mr B.R. Bhat, inaugurated the machine on Friday, the release added. - Our Bureau
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