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SBI to tie up with Airtel to launch mobile banking

Manipal, Karnataka, Feb 20 (UNI) The State Bank of India (SBI) is embarking on having a tie up with Airtel to enable money transactions through mobile phone banking, bank Chairman O P Bhatt announced today.

Addressing a press conference after launching SBI's unique 'Combo Card' in Manipal University here, he said the bank had planned to set up rural kiosk centres in rural areas for financial inclusion of those still remaining outside any banking facility. The bank had proposed to recruit about 3,000 to 5,000 people during the next financial year for the purpose.

Mr Bhatt said that to enhance customer service in the bank and make attitudinal changes among the employees, particularly in the front office, the bank was introducing 'Citizen SBI Code'. The bank was also planning to introduce biometric cards for the benefit of illiterate customers, he added.

He said the bank was poised to add 300 more ATMs to its existing 6,000 ATMs to reach 10,000 ATMs in the next 20 month period together with the ATMs of associated banks.

Replying to a query, he said the bank had not yet decided on consolidation of its subsidiary banks though the issue was on since the last two years. He clarified that Union Finance Minister P Chidambaram had not insisted on bank consolidation, but only made suggestions on the need for consolidation of banks to make Indian banks bigger to compete with foreign banks.

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Special action plan to control road accidents on NH-5

Eluru, Andhra Pradesh, Feb 20 (UNI) West Godavari district collector Lav Agarwal today directes Deputy Commissioner, Transport, T Raghunath to chalk out a special action plan to control road accidents in the district, particularly on National Highway No.5 between Chennai-Kolkata. Presiding over the meeting of district road safety committee here, he said the district administration had identified some spots as accident-prone on the highway. The accidents are reported to be due to defects in designing of the road especially at Asram.....

'Land Protection Cell' being set up for temple lands:Official

Rajahmundry,Feb 20 (UNI)The government will set up a 'Land Protection Cell' (LPC) to protect endowment lands, Endowment Commissioner Sundarlal today said. Speaking to newsmen here, Mr Sundarlal said the government had been taking all steps to protect endowment lands. A legal cell would also be created in which a retired judge would be there along with two advocates. There were 40 lakh acre of endowment land in the state. All temple lands were being computed. He made it.....

MK to launch second phase of Unemployment aid scheme Feb 24

Chennai, Feb 20 (UNI) Tamil Nadu Chief Minister M Karunanidhi will launch the second phase of the programme providing unemployment allowance to educated youth on February 24 at Coimbatore. An official press release here tonight said the first phase of the scheme was launched by the Chief Minister on November 11 last year benefitting 1.88 lakh youth. In the second phase, financial assistance upto a maximum of Rs 900 being the assistance for three months, will be provided to 2.5 lakh.....
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