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India's first floating ATM to be launched on Feb 9

February 07, 2004 16:31 IST

India's first floating ATM will be launched in Kochi on February 9 by the State Bank of India.

The ATM has been installed in a jhankar (ferry) owned by the Kerala Shipping and Inland Navigation Corporation, SBI sources said.

The jhankar would ply between Ernakulam and Vypeen, the most densely populated area in Asia.

Ashok K Kini, deputy managing director, SBI, corporate centre, Mumbai, would launch the ATM.


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