Friday, February 21, 2020

SBI launches ‘combo card’ for students in university

An ATM/ ID card, it can be used to enter restricted areas

21/02/2020, STAFF REPORTER,MADURAI

One card will do: State Bank of India’s ‘combo card’ being launched in Madurai Kamaraj University on Thursday.G. Moorthy

State Bank of India’s (SBI) ‘combo card’ for students, a multi-purpose card, was launched at Madurai Kamaraj University here on Thursday. This card can be used to withdraw money from automatic teller machines, as an identity card, to access the library and for inter-departmental access for students.

SBI Deputy Managing Director (Strategy) J. Swaminathan, Vice-Chancellor M. Krishnan, SBI Chief Manager (Payments and Special Project) Pankaj Kumar and Chief General Manager (Chennai Circle) Vinay M. Tonse were present during the launch of the ‘combo card.’ A memorandum of understanding was also signed between MKU and SBI.

These ‘combo cards’ will be initially given to about 1,400 postgraduate students. Research scholars will get them next.

Mr. Swaminathan said that the card will benefit the students, the university, the bank and the nation. “This is a step towards digitisation. It will also help in reducing carbon footprint and contribute towards ecological conservation,” he said.

The VC said that it was a student-centric initiative which will also help the university to document every activity digitally. “The university is in the process of applying for the National Assessment and Accreditation Council (NAAC) ranking. Currently, documentation of records is poor. These combo cards, for instance, will help in documenting data about the students who used the library,” he said. He also added that the card can be used for all financial transactions inside the university.

No comments:

Post a Comment

Holiday calling: Daily direct flights to Bangkok now

Holiday calling: Daily direct flights to Bangkok now Arvind.Chauhan@timesofindia.com 05.01.2025 Lucknow : To cater to the increasing rush fo...