Kerala - Kochi   

Award for Federal Bank

KOCHI: Aluva-based Federal Bank has won the ‘Best Core Banking Project Award 2007’ at the Asian Banker IT Implementation Awards 2008 ceremony held at Hanoi, Vietnam.

The award was presented to Federal Bank and its technology partner Infosys for a project involving replacement of a core banking system (CBS). The award was received by M. Venugopalan, Chairman & CEO, Federal Bank, at Hanoi. The CBS rollout in Federal Bank, involving 546 branches and offices, 4 million customers, and 2,000 plus users, was completed in less than a year, one of the fastest implementations in India’s banking history. Submissions for 13 categories of awards were received from 11 countries and regions.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

New haunt for bibliophiles
Eco-friendly products on show
Maudany appears in court
Murder: CBI files FIR before court
Award for Federal Bank
High Court directive on HSS principals’ plea
Jamaath calls for steps to end Muslim backwardness
Baisakhi, a hoary tradition for all Sikhs
Lighter bags still a distant dream for school children
Vallarpadam terminal rail link project at a standstill
Canals, drains to be cleaned
Infant dies in accident
Man found dead
Trains to halt at Punkunnam for Pooram
Kochi today

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu