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SBI tie-up with Bharti Airtel for mobile banking services

SBI tie-up with Bharti Airtel for mobile banking services
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First Published: Wed, Feb 21 2007. 11 03 AM IST
Updated: Wed, Feb 21 2007. 11 03 AM IST
PTI
Manipal: The State Bank of India would soon enter into a tie-up with Bharti Airtel to enable money transaction from one account to another through mobile phone banking, a top official of the bank said recently. Speaking to reporters, SBI Chairman, O. P. Bhatt said that the bank had planned to set up rural kiosk centres for financial inclusion of those who lacked any banking facility.
The bank had also proposed to recruit about 3,000 to 5,000 staff during the next financial year for this purpose, he said. To enhance the customer service of the bank and to bring change in the attitude of the employees, particularly those in the front offices, it is introducing “Citizen SBI code”, he added.The bank is also planning to introduce “biometric cards”, targeting illiterate section of customers.
Bhatt said the bank had plans to extend the “Combo Card” facility in educational institutions in other parts of the country.To a query, he said the bank had not yet planned on consolidation of its subsidiary banks, though the issue is on since last two years. He said the bank had so far financed Rs3,000 crore to two lakh students seeking higher education.
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First Published: Wed, Feb 21 2007. 11 03 AM IST
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