Private sector Catholic Syrian Bank (CSB) Chairman and Chief Executive Officer R Venkataraman informed that by the end of February next bank will be setting up its first mobile ATM at Thrissur in Kerala.
Speaking at a press conference he told that the Thrissur-headquartered bank has obtained license to set up seven mobile ATMs in cities including Chennai, Thiruvanathapuram and Coimbatore.
He stated that certain issues are there to be sorted out and after getting regulatory approval the first ATM will be installed in Thrissur probably by the next month end.
"Once the police permission is through, other things will fall in place and by June, all the seven mobile ATMs will be rolled out," he said.
In the press conference Venkatraman also announced that the CSB had chosen the Bangalore-headquartered Sun Microsystems India for the implementation of comprehensive Core Banking Solution (CBS) to help centralize its operations for ensuring speedy and flexible services to customers.
He told that by the August next all the 356 branches of the bank would be included with the CBS.