GTB launches e-banking kiosks

· GTB e-banking kiosks will facilitate customers to make banking transaction
 and pay utility bills over the internet
· Kiosks to be installed at branches and ATM centres

Hyderabad,  July 2002: Continuing it’s initiatives to use technology to make banking easy for it’s customers, Global Trust Bank (GTB), one of India’ s leading new private sector banks, launched its e-banking kiosks.

GTB’s e-banking kiosk is based on innovative technology that enables customers perform all their banking transactions in complete privacy and in a secure manner. To begin with the e-banking kiosks will be deployed at select GTB branches and ATM centre’s and will be extended shortly to cover all cities in the country where the Bank has a presence.

The e-banking kiosk was formally inaugurated by Mr. Ramalinga Raju, Chairman-Satyam Computer Services Ltd., in the presence of Mr. T. Devendar Goud, Minister for Home, AP Government, Mr.Pullela Gopichand All England Badminton Champion and Mr.Sudhakar Gande, Managing Director Global Trust Bank.

GTB’s e-banking kiosks, among the first of its kind in India, offers multiple facilities to its customers. Apart from being able to carry out most of their banking transactions customers can use the kiosks to make payments against their utility bills, insurance premiums, etc. It may be recalled that GTB has already tied-up with institutions such as the Life Insurance Corporation, Rediff.com, sify.com. Fabmart.com Airtel, Escotel and e-Seva (Government of Andhra Pradesh e-governance project). In effect, GTB’s e-banking kiosk will become the one touch point for its customer to conduct banking transactions as well as to effect payments.

Says Mr P.C. Narayan- President Global Trust Bank, we realised that lack of easy Internet access was preventing customers from exploiting the very powerful, convenient and cost effective medium of internet banking. This led us to introduce the e-banking kiosks, which facilitates both banking and payment transactions electronically and inculcates the habit among customers to use technology that is very friendly yet secure. We believe that customers will see value in transacting online at the e-Banking kiosks and migrate increasingly to such `self-service’ modes of Banking in the future’. The state of the art e-banking Kiosk is developed exclusively for Global Trust Bank by M/s NFK Cyber-Kiosk, a Mumbai based company.

GTB has an existing network of 100 branches with 200 Plus ATMs in 33 cities. Since its inception in 1994, Global Trust Bank has been very technology savvy, using the latest in information technology to service the needs of its customers through products such as Internet Banking, Anywhere Banking, MyTime ATM, 2424 Phone Banking, Mobile Banking etc. For further details,
please visit www.globaltrustbank.com

Reachout's News Bureau
-July '2002

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