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Coop banks sign pact with TCS for CBS
The Gujarat State Cooperative Bank (GSCB) and 10 district central cooperative banks (DCCBs) have signed a service level agreement with Tata Consultancy Services (TCS) for core banking solutions (CBS). The decision, which is a part of the initiative taken by National Bank for Agriculture and Rural Development (Nabard)'s Gujarat region office, would provide efficient banking services to customers of

Is audit losing its relevance?

A recent move by the RBI to reduce branch audits of banks has received significant attention of the media. As per media reports, banks have written to the RBI suggesting reduction in branch audit

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Obama seeks to broaden reach of housing assistance

Conceding his earlier housing programs have fallen short, President Barack Obama on Wednesday proposed a vast expansion of government assistance to homeowners, aiming to make lower lending rates a

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Delhi's Nehru Place shuts down to protest 'civic apathy'

Fed up by what they see as 'civic apathy' to offering a clean, safe and regulated environment to conduct business, nearly 2,000 shops, retailers and offices shut down one of Asia's biggest IT mart, Nehru Place, on Wednesday.

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HP poised to bag India Post`s IT contract

Global IT major HP is understood to be in the last leg of lapping up the largest of the eight contracts under the India Post IT modernisation programme. The deal is estimated to be in excess of Rs

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Mixed picture in core Dec data

The rebound in eight core industries’ production in November seems a blip in the third quarter of this financial year, as the output of crucial sectors with 38 per cent weight in industrial

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