“A floating automated teller machine?
Yes, India's banking behemoth — the State Bank of India — is all set to launch the world's first-ever floating ATM on a boat in Kerala.
SBI officials say a floating ATM will take banking to the people, especially the tourists, who flock to God's Own Country.
The ATM has already been fitted on a ferry and is undergoing trial runs. The code division multiple access (CDMA) technology is used for keeping it operational.
The floating boat with the ATM on board will berth at jetties in Kerala's huge backwaters through which hundreds of thousands of people travel daily.
The floating ATM will also touch hotels, resorts and places of worship along the waterfronts.
According to B Rajagopal, SBI's chief manager for personnel and services in Kerala, Kerala's large backwater stretch is an ideal location for launching a floating ATM.
”The floating ATM is in the final stages of completion and we will officially launch it in the coming days,“ Rajagopal told rediff.com.”
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