Excelsior Correspondent
JAMMU, Oct 20: The Citizens’ Cooperative Bank Ltd. Jammu switched over its working to computerization under Core Banking Solution (CBS) after Dr. Manohar Lal Sharma, Minister of Cooperatives today inaugurated the CBS at Gangyal branch of the Bank.
On the occasion Mahant Manjit Singh Ji and Janak Raj Gupta, Senior Congress leader, Dinesh Gupta, Chairman of the Bank. Deepak Gupta, Vice- Chairman and Kailash Kumar Langer, Parveen Sharma, Koushal Kumar Gupta, Parshotam Singh Pawar, S. Charanjit Singh Raina, Varinder Singh and Karunesh Gupta directors of the Bank including Om Parkash, Bansi Lal and Pankaj Jain Industrialist, S. Kirtan Singh Sr. Vice-President Congress Distt. Jammu (Urban), Balbir Gupta president and Varinder Jain, general secretary, Association of Industry, Gangyal were also present on the occasion.
In his address Dinesh Gupta, disclosed that the job of implementation of CBS is in progress at other branches of the Bank also and Board has set a target to implement the computerization under CBS in all branches of the Bank by 31st March 2013.
He also informed that after computerization under CBS bank will be in a position to provide on line banking as well other facilities such as RTGS, NEFT, ATM etc. Computerization under CBS will reduce the overhead cost of transaction and enhance the efficiency of work. The customer of the Branch will now be the customer of the bank. Besides, it large number of distinguished customers and patrons of the Bank were present on the occasion.
The Minister said that the Bank has taken lead in computerization which showed that the Cooperative Banks are not behind any other institution in this sector. He urged people to deal with this Bank. Further the Minister said that he had fervent hope that the Bank will show good results at the end of this financial year. He also handed over the keys of vehicles financed by the Bank to its clients during the loan mela.
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