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Corporation Bank to set up ATMs at MRPL HiQ retail outlets
Feb '08
Mangalore Refinery & Petrochemicals Limited (MRPL), an ONGC Group Company and a mini ratna I, and Corporation Bank, signed a Memorandum of Understanding (MOU) to leverage their respective strengths to provide a wholesome bouquet of services to customers in the fuel retail segment.

The MoU was signed by Shri B.R.Bhat, General Manager (IT) of Corporation Bank and Shri Sanjay Grover, General Manager (Retail Sales) of MRPL at the Corporation Bank , Mangalore.

Speaking on the occasion Shri B R Bhat announced that Corporation Bank will set up ATMs (any time money) at the MRPL HiQ retail outlets coming up across Karnataka and other Southern States, to provide banking facilities for customers on the move.

This would enable the bank to service a larger number of customers without having to bring them into the bank premises.
Also on the cards are other value added financial products including co-branded credit and fleet cards, cashless transactions using smart cards for the agricultural community.

Elaborating on the philosophy of MRPL's HiQ, Shri Sanjay Grover, GM (RS) of MRPL said that HiQ stands for the highest quality of fuels and services and the entire experience at the HiQ, right from quality and quantity of the fuels, to dispensing, to monitoring, to house-keeping and the bouquet of services to be provided to the customer, HiQ will reflect this brand promise.

The HiQ, launched in Maddur on the Bangalore-Mysore Highway recently, is equipped with state-of-the-art retail automation technology that provides complete control over delivery of right quality and quantity of fuels to customers at all times, houses India's largest Café Coffee Day and has the very first Baskin Robbin's outlet on the Bangalore – Mysore highway.

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