Karnataka - Shimoga   

`Technology has made an impact on banking sector'

Special Correspondent

SHIMOGA: The challenges thrown up by technological innovations can be met effectively only if the level of knowledge arises, Chief Executive Officer of Zilla Panchayat Shivakumar has said.

He was speaking after inaugurating the ATM counter and the Core Banking System at the S.R. Road branch of Vijaya Bank here on Tuesday.

Mr. Shivakumar said globalisation has entered all spheres of activity, making an impact on traditional style of functioning and that the banking sector is no exception.

It is high time banks rose to the occasion and met the expectations of customers, he said.

Mr. Shivakumar lauded the services being rendered by Vijaya Bank in priority sectors such as agriculture and Government-sponsored welfare programmes. Regional Manager of Vijaya Bank (Shimoga Region) P. Satish Shetty presided over the function. Seven more ATMs will be opened in the in the region by the end of next March, he said.

Branch Manager Sadanand Bhat welcomed the gathering.

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