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A.J. Vinayak

Mangalore, March 26

Bank of Maharashtra is planning to bring nearly 90 per cent of its business under core banking solution in April.

Mr M.D. Mallya, Chairman and Managing Director of Bank of Maharashtra, told Business Line that the bank has brought 650 branches under CBS, well ahead of schedule. The project, which was expected to be completed by the end of March, was completed by February 15. This covers around 88 per cent of the business of the bank.

The bank, which has around 1,370 branches, is planning to implement CBS in another 50 to 53 branches during April. “In April 50 more branches will be under CBS, taking the total number of branches to 700,” he said.

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