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ICICI Bank, PNB to share ATM

MUMBAI: ICICI Bank and Punjab National Bank have signed a memorandum of understanding for ATM network sharing, giving customers an access to over 2,200 ATMs in India. The country's largest private sector bank has over 1,780 ATMs while Punjab National Bank has a network of 404 ATMs, ICICI Bank said in a release here. ICICI Bank customers, at present, conduct over 70 per cent of their transactions on the electronic channels as against only 5 per cent usage less than three years ago, it added.

PTI

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