Financial Daily from THE HINDU group of publications
Monday, Jan 10, 2005
Financial Daily from THE HINDU group of publications Monday, Jan 10, 2005 |
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Info-Tech
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Software Money & Banking - Software Laser Soft tool for banks Our Bureau
MANGALORE: Laser Soft Infosystems Ltd has launched `e-circular,' a software product for the banking industry. A company release said that the product facilitates the instant delivery of circulars in an electronic form from the head office to all branches and offices that are connected either to the bank's Intranet or to the Internet. Quoting Mr B. Suresh Kamath, Chairman and Managing Director of Laser Soft Infosystems Ltd, the release said that the implementation of the product was in progress in State Bank of India. It will cover all of its associate banks next year. Corporation Bank will also implement this product. With `e-circular,' banks can save up to Rs 1 crore annually for every 500 branches.
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