Core banking

Recommendations of Damodaran Committee on Customer Service in Banks- Uniformity in Intersol Charges

RBI/2013-14/166 RPCD.RRB.BC.No.17/03.05.33/2013-14 July 31, 2013 All Regional Rural Banks Dear Sir/ Madam Recommendations of Damodaran Committee on Customer Service in Banks- Uniformity in Intersol Charges Please refer to announcement made in Monetary Policy Statement 2013-14 on May 3, 2013 on ˜Recommendations of Damodaran Committee- Uniformity in Intersol Charges™. 2. With the introduction of Core Banking Solution (CBS),… Read More

Tags: Branch (banking)CBSCore bankingCustomerCustomer serviceDiscriminationMonetary policyRegional Rural Bank

Recommendations of Damodaran Committee on Customer Service in Banks- Uniformity in Intersol Charges

RBI/2013-14/110 DBOD. No. Dir. BC.26/13.03.00/2013-14 July 1, 2013 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/ Madam Recommendations of Damodaran Committee on Customer Service in Banks- Uniformity in Intersol Charges Please refer to paragraph 74 of the Monetary Policy Statement 2013-14 announced on May 3, 2013 (extract enclosed) on ˜Recommendations of Damodaran Committee- Uniformity in… Read More

Tags: BankBank chargeCBSCommercial bankCore bankingMonetary policyReserve Bank of IndiaWorking Group

RBI asks all UCBs to Implement Core Banking Solutions in all branches by 31st Dec 2013

RBI/2011-12/437 UBD.BPD.(PCB). Cir.No. 42/09.18.300/2011-12 March 13, 2013 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam / Dear Sir, Implementation of Core Banking Solutions (CBS) by Urban Co-operative Banks (UCBs) The usage of Information Technology (IT) is critical for the survival and growth of banking institutions as IT usage not only helps banks… Read More

Tags: CBSCore bankingCore Banking SystemsrbiUrban Commercial Banks

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