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Corporation Bank has recorded a big increase in ATM income. “Income from ATMs has shot up 60 per cent over the last year,” the bank’s Chairman and Managing Director SR Bansal said.
While stating that the bank has made its ATMs more vibrant now compared to the past, he said “despite being headquartered in Karnataka, we did not have an ATM at Chamundi Hills until recently.
“No sooner had we installed an ATM than we realised there were as many as 245 hits a day, of which 230 were of other bank cards.”
The CMD has since brought ATMs under his direct supervision and keeps a tab on the functioning of all ATMs.
He has made branch managers caretakers of ATMs located at the respective branches and in the vicinity, as well as appointed IT officers stationed at zonal offices to function as channel managers.
The ATM network, he said, is expected to reach 3,000 in a couple of days, up from 2,990 now.
E-lobbies have also caught on in a big way. The first e-lobby at Dharmasthala will become operational by the end of this month, he added.
The bank also plans to open two e-lobbies in Tirupur soon.
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