Economy

‘Banks must leverage tech for official language implementation'

Our Bureau Mangalore | Updated on November 15, 2017 Published on January 13, 2012




There is a need for banks to leverage the use of technology in the implementation of official languages, according to Mr Ajai Kumar, Chairman and Managing Director of Corporation Bank.

He was speaking at the 131st meeting of the Official Language Implementation Committee (OLIC) of the Department of Financial Services (DFS) of the Union Finance Ministry, and the 128th meeting of the Official Language Implementation of Committee of Department of Banking Operations and Development (DBOD) of the Reserve Bank of India, which were hosted by Corporation Bank here on Friday.

He also emphasised the need for exchange of terminologies between Hindi and other Indian languages as envisaged in the Article 351 of the Constitution of India.

Mr V.P. Bhardwaj, Joint Secretary, DFS, said that use of simple Hindi should be encouraged for official work.

He also urged the delegates to discuss the issue of making available the facility to work in Hindi in core banking solution.

Mr Deepak Singhal, Chief General Manager of RBI, said that at a time when the banks are focusing on financial inclusion, the emphasis should be on reaching out to the masses in their own language.

Executives in charge of Official Language Division of all public sector banks attended the meetings.

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Published on January 13, 2012
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