Thursday, January 26, 2006

Floating ATM -- New Innovations Galore from Premiere Bank of India


Floating ATM -- New Innovations Galore from Premiere Bank of India

Today being a holiday, by virtue of Republic Day, i was casually surfing on and on and on. I found this nice information, though bit old but I just thought it is really informative and would be useful to everyone.

With plethora of private banks ushering in with novelty of services on display and diversified marketing tactics being deployed, it is heartening that country's old premiere and trusted bank by name, State Bank of India, is also committed to introduce new and innovative channels in Banking.

The country's first (and perhaps world's first!) floating ATM, owned and managed by State Bank of India and carried by Kerala Transport Inland Navigation System owned passenger ferries. The ferries have the carrying capacity of 5000 passengers per day from Ernakulam to Vyapeen Islands in 30 trips.

Perhaps, you can check out this 'The Hindu Business Line' article for more detail.

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