Pages

Wednesday, February 26, 2014

Coin-Vending Machines (CVMs) make life easier for traders and the public in Chennai,Tamil Nadu,India


Be it at markets, bus and railways stations, or other busy public places in the city, coin-vending machines (CVMs) are set to make life easier for traders and the public. 

Following a push from the Reserve Bank of India (RBI), public sector lenders along with private and foreign banks are gearing up to install CVMs in their branches and in public places for exchange of currency notes with coins.

A total of 65 CVMs were inaugurated at various bank branches across Chennai recently. 

These CVMs were installed by eight banks — Indian Overseas Bank (24), Indian Bank (15), State Bank of India (10), Canara Bank (5), Bank of India (5), Axis Bank (4), Standard Chartered Bank (1) and TNSC bank (1).

No comments:

Post a Comment