Leading Indian FIs sign ATM deal

April 3, 2006

Asian Banker: HDFC Bank and Kotak Mahindra Bank, two of India's leading private sector banks, signed a deal to share their ATM networks. The agreement gives customers of the two banks access to more than 1,400 ATMs across the country. HDFC Bank has 1,335 ATMs. Kotak Mahindra Bank has 75 ATMs.

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