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Wednesday, Feb 27, 2008
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Money & Banking - Public Sector Banks
Corpn Bank ATMs at MRPL outlets

Our Bureau

Mangalore, Feb. 26 The Mangalore-based Corporation Bank and Mangalore Refinery and Petrochemicals Ltd (MRPL) have decided to leverage their respective strengths to provide a bouquet of services to customers in the fuel retail segment.

MRPL, which has the approval from the Government to open 500 retail outlets, is planning to open 25 retail outlets under the brand name ‘HiQ’ by December, and Corporation Bank will have the choice of setting up of ATMs at the ‘HiQ’ retail outlets.

Signing a memorandum of understanding (MoU) in this regard here on Tuesday, Mr B.R. Bhat, General Manager (IT), Corporation Bank, and Mr Sanjay Grover, General Manager (Retail Sales), MRPL, said that the two will leverage their strengths to generate greater opportunities from each contact they have with the individual customer.

More Stories on : Public Sector Banks | Petroleum

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