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Core banking system News

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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