February 2010

SPECIAL: Electronic Next 2010
ENGINEERING REVIEW - FEBRUARY 2010
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PROJECT

BANKING & FINANCE

BANKING & FINANCE

  • The second-largest public sector lender of India plans to open 100,000 biometric Automated Teller Machines (ATMs) in rural areas by the year 2013 for providing easy access to the illiterate and semi-literate customers. So far, vendors not fi nalised for this project.

    Location: Nationwide

    Punjab National Bank (PNB)

    Mr. K R Kamath - CMD
    Mr. SM Agarwal, GM, Punjab National Bank,
    7, Bhikhaiji Cama Place, New Delhi - 110066.
    Tel.: 011-23705746, 23716185, Fax.:011-26196176,
    E-mail: smagarwal@pnb.co.in

  • The bank had raised Rs 415 crore by way of a qualifi ed institutional placement (QIP) and preferential allotment to its principal promoter, ING Group, the Dutch banking and insurance giant. The bank is coming up with another 60 branches in the next one year.

    Location: Nationwide

    ING Vysya Bank
    Mr.Shailendra Bhandari - MD
    Mr. G K Satish Kumar, Corp Comm-Manager,
    No.22, M.G. Road, Bangalore - 560001. Karnataka.
    Tel.: 080-25005000,5559222, Fax.: 080-25005555,
    E-mail: sharecare@ingvysyabank.com

  • The bank aims to open about 100 branches across the country in the next few months.

    Location: Nationwide

    Oriental Bank of Commerce           
    Mr. T. Y . Prabhu, CMD, Harsha Bhawan,
    E- Block, Connaught Place, New Delhi- 110001.
    Tel.: 011-23416841,47651186, 47651123,
    47651841, 47651820, 23415508,

    E-mail: typrabhu@obc.co.in

  • The bank currently has 3,033 branches all over India. So far, in the current fi scal, 120 branches were opened and 80 more branches will come by the end of the current fiscal.

    Location: Nationwide

    Bank of Baroda
    Mr. Marathe, DGM,
    Baroda Corporate Centre,Plot No - C-26, G - Block,
    Bandra - Kurla Complex, Bandra (East), Mumbai- 400051.
    Tel.: 022-66985324, 66985353, 66985000- 04,
    Fax.: 022-26523500

  • Financial services company plans to increase its branches from 72 to 700 across the country by the end of next fi nancial year.

    Location: Nationwide

    Abhipra
    Mr. Abhinav Agarwal, Director,
    GF 58-59, World Trade Center,
    Barakhamba Lane, New Delhi- 110001,
    Tel.: 011-42390909, 23414629/3893,
    Fax: 23414503, E-mail: abhinav@abhipra.com