THE MINISTER OF STATE IN THE MINISTRY OF FINANCE AND COMPANY AFFAIRS
(SHRI ANANDRAO VITHOBA ADSUL):
(a) Yes, Sir.
(b) Oriental Bank of Commerce and Corporation Bank have signed an Agreement on
12.11.2002 for sharing of ATMs. As per the agreement, ATM networks of both the
banks will be connected through respective switches. This will expand ATM network of both
banks for their customers.
(c) The Oriental Bank of Commerce and Corporation Bank have strong presence in North
and South respectively and it will help in reducing the capital expenditure of both
banks through sharing of ATMs and shall result in improved customer service.