Andhra Bank ties up with IDBI Bank
Bangalore: Andhra Bank has tied up with IDBI Bank for creating a shared ATM (automatic teller machine) network. s

Briefing reporters the Andhra Bank's chairman and managing director, Dr B. Vasanthan, said the tie-up would allow Andhra Bank access to about 290 ATM outlets of IDBI Bank.

Andhra Bank already has about 242 ATMs installed throughout the country. It is also on the verge of tying up with one more public sector bank to increase the ATM network. He, however, declined to name the bank.
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Dhanalakshmi Bank to sell UIICL products
Kochi: The Chennai-based United India Insurance Company Ltd (UIICL) has signed an MoU with the Kerala-based Dhanalakshmi Bank Ltd for marketing their insurance products through the bank.

The Bank would act as a corporate agent of the insurer besides being a one-stop solution for both banking and insurance requirements, an official press release said.

United India Insurance and Dhanalakshmi Bank are desirous of optimally utilising each other's strength and potentials through this tie up and the Bank officials would be imparted training by the insurance company, Mr K. Sanath Kumar, Regional Manager (Kerala), UIICL, said on the occasion.
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