Allahabad Bank unveils retail SB mobilising plan.ALLAHABAD Bank inaugurated a campaign for mobilisation of retail savings bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. ( SB) accounts. The campaign, which will run from August 17 to December 31, 2009, was launched by S. K. Manglik, head, New Delhi zone, Allahahad Bank. Manglik stressed the importance of savings deposits Savings deposits Accounts that pay interest, typically at below-market interest rates, that do not have a specific maturity, and that usually can be withdrawn upon demand. for the bank. " The bank has 62 branches and 24 ATMs under the New Delhi zone," Manglik said. The bank's branches in New Delhi zone offer core banking solution ( CBS (Cell Broadcast Service) See cell broadcast. ), Internet banking, SMS banking and fund transfer through real time gross settlement ( RTGS RTGS Real Time Gross Settlement RTGS Real Time Gross Settlement System ). Copyright 2009 India Today Group. All Rights Reserved. Provided by Syndigate.info an Albawaba.com company |
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