Karnataka Bank to open 25 e-Lobbies

Karnataka Bank Ltd is planning to open 25 e-Lobbies in different parts of the country by the end of the current financial year, according to P Jayarama Bhat, Managing Director and Chief Executive Officer of the bank.

Speaking at the inauguration of the fifth e-Lobby of the bank in the country at Mulund (West) in Mumbai on Monday, he said the e-Lobby provides essential banking facilities under one roof through self-service automation kiosks.

This is the fifth e-Lobby of the bank in the country and the first one on Maharashtra. The bank has plans to open another 20 e-Lobbies across the country during the current financial year, he said.

Customers can deposit cash and cheques into their accounts and update their passbooks whenever they wish to, beyond banking hours, 24 hours a day, he said.

A press release by the bank said here that Vinaykumar M Rathod, Deputy Commissioner of Police, Zone VII, Mulund, Mumbai, inaugurated the e-Lobby facility in the presence of Bhat.

Source : Thehindubusinessline