At a function in the presence of RBI officials, Tamilnad Mercantile Bank launched its mobile bank service in Tuticorin during 2008. The bank officials mobilised deposits from petty traders, housewives and workers and opened a sizeable number of savings bank accounts. Now it is understood that the mobile bank is to stop its operation from February 4, 2013. It will mean a lot of inconvenience for account holders of mobile bank to go to bank branches for transactions. It is requested that the mobile bank should continue to function as usual.
- E.S. Krishnan, Tuticorin (The Hindu)
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