Saturday, April 10, 2010

ATM cash withdrawal set to get easy for co-op bank customers

In a first of its kind project in the country, 294 urban and 18 district co-operative banks will be linked with the ATM network of private, PSU banks

In a first of its kind project in India, 294 urban and 18 district co-operative banks across Gujarat will be linked to the ATM network of private and public sector banks through a centralised data system. This development is expected to change the way cooperative banks operate — making them more customer friendly, modern, professional and transparent.
The project — the brainchild of the Gujarat Urban Cooperative Banks Federation (GUCBF) — is in its final stage and is expected to take off within a couple of months with the support of the state co-operative banks. Computers have been acquired by most of the banks and the staff training is over too. GUCBF is now in the process to invite tenders for application of the service providers. 

COURTESY : www.indianexpress.com  Dated 15.03.2010

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