KSFE
and Western Union tie-up for transfers
Kochi: The Western Union, an international company
involved in money transfer services, has entered into
strategic partnership with Kerala State Financial Enterprises
Limited (KSFE) through its authorised agent, Paul Merchants
Ltd.
According to a press release, the KSFE, a government company,
will provide inbound money transfer services across the
country. The Western Union Money Transfer service would
be available at KSFE's 60 banking offices across five
districts in the State in the first phase.
KSFE,
which has 230 branches, hopes to provide the Western Union
Money Transfer service in other branches in the next few
months, it said.
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GIC
staff to extend solidarity to bank stir
Kochi: The General Insurance Officers All India
Association (GIOAIA), Kerala unit, has declared that it
would extend solidarity to the one-day strike on Aug 24
called by the bank employees and officers' unions demanding
revision of wages etc. Around 10 lakh workers and officers
are participating in the strike demanding acceptance of
their various demands and these issues are similar to
that in the insurance sector, according to the GIOAIA.
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