labels: western union financial services, finance, markets
Western Union to tie up with banks, FIs news
Our Banking Bureau
16 July 2002
New Delhi: Western Union Financial Services (WUFS) is planning to expand its operations by tying up with banks and financial institutions (FIs).

Says WUFS director general (India) Anil Kapur: "We have seen a 75-per cent increase in revenues over last year. Besides India Post, with whom we have a tie-up, we are in talks with banks and FIs to increase our reach." WUFS already has a tie-up with Karnataka Bank and Lord Krishna Bank. After the tie-up with India Post, WUFS is offering its services in over 3,000 Indian post office locations and plans to aggressively enhance the Indian post office locations in the next six months.


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Western Union to tie up with banks, FIs