Karnataka Bank plans to have 1,000 Money Plant ATMs by FY 2014-15
MANGALORE: City based private sector bank - Karnataka Bank Ltd, on Wednesday dedicated 25 Money Plant ATMs to the nation, thus taking the tally of ATMs to 650. The Bank which had 504 ATMs at the beginning of the year has so far installed 146 ATMs during the year and has plans to take the tally to 700 ATMs by end March 2014.
Dedicating its 650th ATM, managing director and CEO of the Bank P Jayarama Bhat said the Bank has plans to take the tally of ATMs to 1,000 during next financial year. Bank has been maintaining an uptime of around 99% which is above the industry average and its ATMs are one of the preferred ATMs by the cardholders across India, he added.
The Bank has taken utmost care to provide the required security measures such as 24x7 caretaker service, alarm system, CCTV cameras and Grouting of ATMs and has complied with all stipulated security measures. Bangalore City Police had raised the level of security that banks need to provide to their ATMs in wake of attack on a customer there.
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