NOTE: SBINEWS DOES NOT PERMIT CIRCULATION OF ATTACHMENTS. ATTACHMENTS, IF ANY, CIRCULATED WILL BE ONLY BECAUSE OF VIRUSES. PLEASE,THEREFORE, IGNORE ATTACHMENTS IF ANY IN SBINEWS MESSAGES ************************************************************************ Futuristic ATMs among SBI?s plans to expand base in Goa (Navhind Times, Goa) NT Staff Reporter Panaji April 17: The State Bank of India (SBI) has drawn up a massive plan to launch a wide variety of products for facilitating its customers with a wide-choice as a part of an aggressive drive to expand its base in the state. Addressing a press conference following the launch of the country?s first ?Bus-Q-Shelter ATM? near the Basilica of Bom Jesus at Old Goa, the chief general manager, SBI Mumbai circle, Mr Ramesh Kumar said the plans include mobile ATMs to cover remote and mining areas, a drive-in-ATM at a petrol pump on the outskirts of Panaji, a special scheme to finance renovation of heritage buildings, a master-plan with a focused attention on tourism, agriculture, industry and ecology through a single-window clearance system, among other things. Mr Kumar said that the bank has made an investment of Rs 600 crore on acquiring state-of-the-art software and technology which has enabled it to develop its own communication backbone with the help of the Tata Consultancy Services (TCS) during the last three years. ?We are second to none as far as technology is concerned, though we were initially far behind the private sector banks in launching core banking solutions to facilitate anywhere banking facility. We are now in a position to take the lead in banking technologies, as we have become front-runners in the sector,? claimed Mr Kumar, adding that that the opening of ATMs, would go a long way in benefiting the cluster of villages in the vicinity. The SBI has encouraged Internet banking with a focus on the corporate sector. This would not only help disburse salaries and payments to vendors through net instructions but also receive payments from customers directly to their accounts with the click of the mouse, Mr Kumar stated. The chief general manager spoke of ?contract farming? for cashew, mango and vanilla saying that this was aimed at encouraging agriculture. SBI was thinking of a special scheme to finance owners of heritage buildings in Goa in view of the International Film Festival of India (IFFI) in November. This would be a part of the housing loan scheme, Mr Kumar said. Mr Kumar said that as a part of SBI?s social initiative each of the 50 branches in the state would adopt a school to promote nature conservation education to help preserve the environment, beauty and ecology. At the same time, the bank was also looking to identify NGOs to help promote self-help groups in all the villages through micro-financing mode, Mr Kumar said. Centralised processing cells to meet the needs of the small and medium enterprises, rural housing needs, education, medical and other sectors would also be opened to improve the business transactions using the technological backbone, he said. The press briefing was attended among others by Mr M H Belani, assistant general manager (PR & CSB), SBI, Mumbai, Ms K Vijaylaxmi, deputy general manager, SBI, Panaji module, Mr S Sundereshan, general manager, NPA management, Mr Arun Shandilya, general manager, commercial banking and Mr Y S S Kapadi, general manager, commercial banking. ===== R.S.Pai, Web Address: http://rspai.tripod.com __________________________________ Do you Yahoo!? Yahoo! Photos: High-quality 4x6 digital prints for 25¢ http://photos.yahoo.com/ph/print_splash *************************************************************************** Mailing list (sbinews@xxxxxxxxxxxxx) related information: News/articles about SBI and Banking related matters published in the print media, Internet etc will be circulated through this Mailing List. The messages in this list will help in improving awareness of SBI and its activities vis-a-vis the happenings in the Banking industry. 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