Friday, July 2, 2010

SBI Kerala circle plans net and mobile banking expansion

State Bank of India, Kerala circle has ambitions to expanding internet and mobile banking services in the region along with additional facilities being added to ATMs, chief general manager B S Bhasin said.

Bhasin and SBI Kerala circle general manager V Ramamoorthy said that this fiscal would see developments coming in the net banking facilities for salary disbursements to employees.

Bhasin added that mobile banking facility would be enabled in even those phones which do not have an internet connection. We are launching it in a big way, he said.

One could deposit both cash and cheques through this facility to any accounts they wish, he said.

For the first time in Kerala, the bank would be launching POS machines, cash terminals as a pilot project in four branches in Kochi.

SBI has shown strict defial against use of recovery agents for loan recovery from customers.

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