Mangalore Refinery & Petrochemicals Limited (MRPL), which had recently launched the HiQ brand of fuel retail outlet, has signed a memorandum of understanding (MoU) with Corporation Bank for setting up ATMs at HiQ outlets.
“This would enable us to service a larger number of customers without bringing them into the bank premises,” said, BR Bhat, general manager, IT, Corporation Bank.
“Under this agreement, we’ll have Corporation Bank ATMs at our upcoming outlets in different parts of Karnataka, Tamil Nadu and Andhra Pradesh,” said Sanjay Grover.
Earlier Indiaretailing had reported that apart from expansions in the four southern states, HiQ outlets will be coming up in Goa, Maharashtra and Gujarat as well.