Financial Daily from THE HINDU group of publications
Wednesday, Feb 19, 2003
Financial Daily from THE HINDU group of publications Wednesday, Feb 19, 2003 |
|
|
|
|
|
Money & Banking
-
Consumer Finance SBI-Maruti Fin scheme at 500 centres shortly Our Bureau
THIRUVANANTHAPURAM, Feb. 18 THE Maruti-SBI Finance scheme, now available in 37 centres in the country, will eventually be offered at 500 centres, according to Mr P.N. Venkatachalam, Managing Director and Group Executive, State Bank of India. Mr Venkatachalam, who was here to inaugurate SBI's "single window service", told newspersons on Tuesday that the bank targeted business worth around Rs 500 crore in one year under the scheme. He said all the existing 1,200 ATMs of the bank were being networked with 750 already connected and the remaining would be interconnected before March 3. The bank has also finalised plans to add another 1,500 ATMs, all networked, within the next one year. This would provide the biggest single network for "anytime anywhere" banking in the country, he said. The bank is also customising a "core banking solution" which will be put on trial during the first half of 2003-04. This would help transfer the branch data of all the existing computerised branches, numbering more than 3,300, to a centralised data warehouse in phases.
Article E-Mail :: Comment :: Syndication
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |
Copyright © 2003, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|