This will help them bring the benefits of govt social security schemes to the beneficiary’s doorstep. This is part of a large step to reach out to existing and new customers. In 2015, the bank hopes to install 25 ATM’s during the financial year 2014-15 including ATM’s under White Label ATM scheme of partnership model duly approved by Reserve Bank of India. The MD A A Tansali said the bank had collected Rs 1500 crore in deposits this year which was an increase though he did not specify by how much. The bank achieved a total business of Rs 2478.46 crore with advances at Rs 970 crores. The figure of Rs 1500 crores was passed in December 2014. Asked about the issue of the loans still outstanding with the mining community, he said it was Rs 67 crore and the bank had submitted a proposal to the Reserve bank to sort out the matter. The ATM service being launched by the bank will have the RuPay ATM card and Kissan Credit card. These cards will be accepted by all banks.
Goa Bank to expand ATM services
PANJIM: The Goa State Co-Operative Bank is planning to provide mobile banking services to the people in the State with villages in the interior being serviced by hand held ATM devices.
