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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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domain-B : Indian business : News Review : 23 August 2004 : banking and finance