K. Tulasi Prasad outlines APCOB’s plans to have off-site ATMs at convenient locations in Vijayawada.
7 of 13 DCCBs launch mobile banking app:
Consequent on reorganization of the state of Andhra Pradesh, the Andhra Pradesh State Cooperative Bank was reconstituted as Telangana State Cooperative Apex Bank (TSCAB) and residual Andhra Pradesh State Cooperative Bank (APCOB). The parent bank had computerized its operations way back in 2002 with a 3-tier architecture using client server technology.
OMNI ENTERPRISE
The bank has a centralized IT department - Information Technology Services Division (ITSD) – at Vijayawada. It takes care of all technology-related issues in the bank and associated DCCBs. The bank implemented new version of core banking in March 2016 to extend better customer services in. K. Tulasi Prasad, MD of the bank, says this has enabled the bank to remove servers in the branches and achieve data integrity at the central level. It has also facilitated dynamic reporting based on requirements. “We have implemented OMNIEnterprise version 3.0, the advanced version of CBS for better functionality and incomparable banking operations. All our branches are offering services like RTGS, NEFT and DBT and deposit and loan modules are in place. In addition, short term (crop loans) and investment credit modules are under CBS platform,” says Tulasi Prasad.
Esta historia es de la edición May 2019 de Banking Frontiers.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición May 2019 de Banking Frontiers.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Key Russian central bank official leaves
The First Deputy Governor of Bank of Russia Olga Skorobogatova is leaving the central bank in early December.
Better prospects for Swiss banking in 2024, says new study
The year could see revitalization of the banking to some extent, finds the study by Swiss Bankers Association:
Ease of use, personalization & consistent engagement promotes digital loyalty
Murari Lal, Head - Digital Initiatives, Shivalik Small Finance Bank, delves into platforms, loyalty and Al:
From Feet on Street to Fingers on Screen
Nippon India Mutual Fund is driving into newer customer segments by leveraging voice and vernacular as the drivers, reveals the company's Chief Digital Officer Arpanarghya Saha:
Digitization embraces the senior citizens
Among other projects, Shriram Capital completely transformed the 2-wheeler loan origination system, reveals the company's Chief Digital Officer Ajay Thomas:
Making of the most connected bank in Bangladesh
A stream of digital initiatives is transforming Mutual Trust Bank and its customer engagement, reveals Khalid Hossin, who heads the bank's digital banking division:
Digital embraces Archaeological Tourism
Chief Digital Officers are leading tremendous transformation initiatives. Five CDOs reveal their fascinating journey and their ambitious goals:
Tech will bridge Advisory and Education
Venkatesh Naidu, CEO, Bajaj Capital Insurance Broking:
AI bridges Protection and Prevention
Gyanendra Singh, Chief Technology Officer, Aviva India:
Bridging Products & Distribution for Rural Markets
Vikas Mittal, Deputy CEO, and Amit Thapliyal, Chief Technology Officer, Magma HDI General Insurance:
