The Andhra Pradesh State Co-operative Bank (Apcob) deployed a new centralised core banking solution, called OMNIEnterprise.
This is for the first time that a centralised core banking solution has been deployed across any state co-op bank in the country, Apcob claimed in a press release here today. Apcob operates through 25 branches spread across the state.
The software solution, supplied by InfraSoft Technologies of Mumbai, was used for automation of all the retail operations and re-financing operations of the bank.
According to MS Rama Rao, the general manager (IT)of Apcob,