4 banks to adopt CBS

BANGALORE: Four District Central Cooperative Banks of the State, Kodagu, Kanara, Shimoga and Bijapur, joined hands with NABARD (National Bank for Agriculture and Rural Development) to take the

Published: 08th February 2012 10:27 PM  |   Last Updated: 16th May 2012 05:52 PM   |  A+A-

1-BANK

For representation purpose only.

BANGALORE: Four District Central Cooperative Banks of the State, Kodagu, Kanara, Shimoga and Bijapur, joined hands with NABARD (National Bank for Agriculture and Rural Development) to take the Technology Leap.

Core Banking Solutions (CBS) will be implemented in these four banks to enable them to stand the competition from the RRBs and Commercial Banks. NABARD would play the role of an advisor and facilitator in the process and extend project management support during the roll out of the CBS. By this, it would ensure that the interests of the banks are protected throughout the implementation process. S G Hegde, Registrar of Cooperative Societies, Government of Karnataka, assured wholehearted support of the State Government to the project, aimed at taking the Cooperative Banks to a higher level of technology. Shri K H Ashwathanarayana Gowda, IAS, CEO of Karnataka State Cooperative Apex Bank, Dr Manjunath Hegde, director of Kanara DCCB, Dr K V Nagaraju, General Manager and  other senior officers of RO were present at the event.

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