Canara Bank plans tie-up with airlines

Tiruchi: As part of its exercise to provide additional services to customers, Canara Bank will enter into a tie-up with several financial and service sector institutions including Kingfisher, Indian and Jet Airways.
The tie-up will facilitate the bank’s customers to book air-tickets.
The proposal has already been approved and will be implemented shortly, its General Manager, Mr N. Somasundaram, said here on Sunday. He said that the bank would also tie-up with Paymate and Bill Junction.com. Credit/debit cardholders of Canara Bank could make payments towards services such as power consumption bills, water-tax and also buy consumer goods, he said.
Mr Somasundaram said that the bank would also enter into a tie-up with the National Financial Switch and State Bank of India and its subsidiaries to interconnect 20,000 automated teller machines (ATMs) of 28 banks, he added.
05/08/07 Business Line

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Categories: Indian Aug 2007, Jet Airways Aug 2007, Kingfisher Aug 2007