Business Daily from THE HINDU group of publications Saturday, Jul 22, 2006 |
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Money & Banking
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Credit Cards & Debit Cards Catholic Syrian Bank's debit card Our Bureau
Dr M.J. Syriac, Principal, Government Medical College, Thrissur; Mr V. Krishnamoorthy, Banking Ombudsman for Kerala and Lakshadweep; Mr Santhanu Mukharjee, MD, VISA Consolidated Services, and Mr N.R. Achan, Chairman and CEO, Catholic Syrian Bank, at the launch of the debit card in Thrissur on Thursday. K.K. Mustafah
Presiding over the function, Mr N.R. Achan, Chairman of the bank, said the card would reduce the risk of carrying large amounts of cash among the customers of the bank, and they need to withdraw cash from the nearest ATM only when necessary. It also enables instant transfer of funds from one cardholder to another, anywhere in India. The customers can also use the card on their trips abroad, subject to Government and RBI rules.
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