The Hindu Business Line : Three banks adopt Oracle application

The State Bank of India, UTI Bank and Development Credit Bank have all gone live on Oracle Financial Services Application (OFSA), the latter announced in a press release.

The OFSA suite enables banks in funds transfer pricing, customer profitability management, budgeting and planning and risk management efficiently, according to Oracle. The company said the suite has a data warehousing facility that enables the suite's various business applications including consolidation and reconciliation of financial information.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Rupee tad firmer; gilts lacklustre

Three banks adopt Oracle application

Magma Leasing Q3 disbursals up 23 pc; income dips

Birla Sun Life to focus on rural markets

Dairy co-ops members to be insured in Kerala

UPA, Left narrow down differences over banking reforms

Tough laws a cover for poor supervision?

Thrust on MF biz for more fee-based income — Andhra Bank buys 5 pc stake in Principal venture

Assets sell-off — Daewoo Motor case may be transferred out of Mumbai

5 UCBs in fray for takeover of 2 co-op banks

IDBI, Bank boards to discuss merger today