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News
core banking system
Core banking system News
Budget 2022
01 Feb 2022
Budget 2022: 100% of 1.5 lakh post offices will come on core banking system
The government has projected growth at 8% to 8.5% compared with an estimated 9.2% for the current fiscal year and a 6.6% contraction the previous year. Prime Minister Narendra Modi`s government has made building of infrastructure a top priority to improve the cost of doing business.
bank account portability
07 May 2018
Bank Account Portability scheme may be put on the back burner
Bank account portability allows the customer to shift form one bank to the other without having to give up his bank account number or without having to open a new account altogether.
Department of Posts
17 Jan 2016
Postal Dept to open 1,000 ATMs by March this year
The Department of Posts (DoP) plans to open 1,000 ATMs and bring all 25,000 departmental post offices under core banking system by March this year.
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