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City Union Bank pact with UTI Bank

TIRUCHI: City Union Bank has entered into a correspondent banking arrangement with the UTI Bank for utilising the latter's branch network across the country for collection and payment of cheques. C. P. Rangarajan, Senior Vice-President, Southern Zone, UTI Bank, said in a release the bank was keen to ensure wider utilisation of the network. The arrangement would complement both the banks bringing about greater reach and value to the customers. — Our Staff Reporter

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