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Rajasthan bank partners IBM

Bangalore, Dec. 15

IBM has signed a five-year IT outsourcing agreement with Madhav Nagrik Sahakari Bank, a Rajasthan-based cooperative bank. IBM will host and manage the IT infrastructure for the Sirohi-headquartered bank, helping it to focus on expansion plans while reducing capital expenditure. Madhav Nagrik Sahakari Bank plans to increase presence from 25 branches in Rajasthan and plans to offer services such as Internet banking, mobile banking and ATM facilities. —

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