Business Daily from THE HINDU group of publications
Saturday, May 31, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Saturday, May 31, 2008 ePaper | Mobile/PDA Version | Audio |
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Money & Banking
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Private Banks South Indian Bank mobile banking Hyderabad, May 30 South Indian Bank will soon be launching payment facility through mobile phones for its customers to transfer funds to other accounts and pay utility bills. The bank has tied up with the service provider Paymate, for this purpose. The facility would be in place within next two months, Mr M. Valsan, Executive Director, told newspersons after inaugurating its 14th regional office here on Friday. The Thrissur-based private bank which has 502 branches in South India is planning to expand its network to north and eastern parts of the country as well. "We will be opening 28 braches this financial year and a majority of them will be in northern and eastern regions," the official said. - Our Bureau
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