RBI issues customer guidelines for NBFCs
Mumbai: THE Reserve Bank of India on Tuesday issued ``know your customer (KYC)'' guidelines for non-banking financial companies, similar to those existing for commercial banks.
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Toyota Kirloskar in pact with Corporation Bank
Mangalore: Toyota Kirloskar Motor Private Ltd in its bid to penetrate into rural and semi-urban markets, has entered into an agreement with Corporation Bank for financing their vehicles.
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ICICI Bank to go slow on branch expansion
Mumbai: ICICI Bank has no large branch expansion plans at the moment.

"We will have no `step' increases in our branch network but only gradual ones,'' said Mr K.V. Kamath, Managing Director & CEO, ICICI Bank.

The bank believes in the multi-channel approach to the customer. At present, ICICI Bank with a customer base of more than 5 million has 400 branches and extension counters.
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ICICI Bank to cut customer servicing costs
Mumbai: ICICI Bank is focusing on containing costs of servicing small customers including depositors by using technology platforms like internet and ATMs.
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