Info-tech

Polaris implements core banking solution for AP co-operative bank

PTI Chennai | Updated on April 15, 2013

Financial technology company Polaris today said the Andhra Pradesh State Cooperative Bank Ltd has implemented its Intellect Core Banking Solution.

The city-based company, in a statement said, the cooperative bank implemented the core banking solution in all its 22 affiliated district central cooperative bank branches in Andhra Pradesh.

Intellect’s CBS has been deployed in a centralised data centre in Hyderabad and can be accessed by all the 560 branches and 22 headoffices, it said.

“We are happy that APCOB, has gone live with Polaris’ core banking solution. This will also help provide channel banking facilities to clients in rural and semi-urban locations...,” Polaris Financial Technology, Executive Vice-President and Geography Head (Indian subcontinent) K Srinivasan said.

Published on April 15, 2013

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