Implementation of Core Banking Solution by UCBs - ਆਰਬੀਆਈ - Reserve Bank of India
Implementation of Core Banking Solution by UCBs
RBI/2013-14/249 September 11, 2013 The Chief Executive Officers of Dear Sir / Madam, Implementation of Core Banking Solution (CBS) Please refer to our circular UBD BPD (PCB) Cir. No.42/09.18.300/2012-13 dated March 13, 2013 on the captioned subject advising UCBs to implement CBS in all their branches by December 31, 2013. On a review, it has been decided that the revised timeframe for implementation of CBS by UCBs would be as under:
2. It is reiterated that failure to implement CBS within the timeframe may result in denial of various facilities (expansion of branches or area of operation, etc.) to UCBs. Yours faithfully, (A.K. Bera) |