Financial Daily from THE HINDU group of publications
Friday, Nov 25, 2005
Financial Daily from THE HINDU group of publications Friday, Nov 25, 2005 |
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Money & Banking
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Public Sector Banks PNB opens exchange bureau in Bangalore Our Bureau
Bangalore , Nov. 24 THE public sector Punjab National Bank (PNB) has opened an exchange bureau in Bangalore and intends to follow up with one such office in Chennai. A PNB release said here on Wednesday that the exchange bureau would facilitate money changing through purchase and sale of foreign currency notes and travellers cheques from tourists and residents. It would also release foreign currency for current account purposes, including travel, medical expenses, business and personal visits abroad. Besides, the bureau would also facilitate cash withdrawal from the banks' automatic teller machines against international credit/debt cards, the release added.
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