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Sunil Jain: Can Manmohan ditch Raja?
Sunil Jain / New Delhi October 26, 2009, 0:22 IST

Mysore gets first JNNURM bus stand
Mysore became the first city in the country to have a bus stand modernised under the Jawaharlal Nehru National Urban Reconstruction Mission (JNNURM) today.

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Inter-state transactions may come under tax ambit
With less than five months left for the proposed roll-out of the Goods and Services Tax (GST), the empowered group of state finance ministers today suggested a model of inter-state goods and services tax (IGST) for inter-state transactions. The Centre would levy GST which would comprise central and state GST, with appropriate provision for consignment or stock transfer of goods and services.
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SBI to install 7,000 talking ATMs for visually challenged

India"s largest lender State Bank of India (SBI) plans to introduce 7,000 voice-enabled ATMs across the country for visually challenged customers beginning next month, a senior SBI official said here. - Banks may duck impact of rising yields - Use the company car, decline its leased flat, advise experts - Agarwal leads race for pension regulator"s job - Volumes, volatility should rise - Volumes, volatility should rise - Bank of Maharashtra, SBI join hands to distribute MFs "Out of our 18,500 ATMs, 7,000 will be made voice enabled for visually challenged people. We expect to launch these talking ATMs starting next month," SBI"s General Manager (Alternate Channels) Amitabh Kumar said at a CII-seminar here. These voice-enabled ATMs, customised with headphones and braille key pads, will offer services like fund transfer and downloading of account statements, Kumar said. At present, SBI is testing these voice-enabled ATMs with its partners NCR and Diebold and expects to make these operational in a month"s time, he said. SBI plans to install these ATMs in metro, urban and semi urban towns across the country. "The country has 10.6 million visually challenged people and it is the duty of the banks to help these people meet their banking needs," ICICI Bank"s Chief Executive Officer and Managing Director Chanda Kochhar said. ICICI Bank has installed its first talking ATM in 2003. Over the years, the bank has also ensured that the basic banking facilities can be used by physically handicapped people, Kochhar said.


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