Corporation Bank launches Internet banking
By Our Banking Bureau | 14 Aug 2002
New
Delhi: Corporation Bank has launched three technology
initiatives, including facilities to pay insurance premia
of Life Insurance Corporation (LIC) and telephone bills
of Bharat Sanchar Nigam Ltd (BSNL) through the Internet,
while introducing Internet banking for non-resident Indians.
The payment of LIC premium will be free of cost and hassle-free, says LIC executive director S K Sakhuja.
BSNL general manager K J Chacko says the majority of 2.70-lakh telephone subscribers of Dakshina Kannada Telecom District can use this facility.
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