Technology, Financial Inclusion and Role of Urban Cooperative Banks
AbstractThe focus should be to simplify the technology which can operate on any platform. The technology solution to the business needs should be user-friendly without much third-party or IT vendor intervention or support requirement for operating the same. In this context, the banks need to redesign their business strategies to incorporate specific plans to promote financial inclusion of low income group treating it both a business opportunity as well as a social responsibility.The Reserve Bankâ€™s endeavour has been to strengthen the UCBs so that they run on sound principles without posing any systemic problems. [Speech at the Foundation Day and Inauguration of the â€˜Core Banking Solution Projectâ€™ of the A.P.Mahesh Co-op Urban Bank Ltd. at Hyderabad].
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by eSocialSciences in its series Working Papers with number id:2166.
Date of creation: Aug 2009
Date of revision:
Note: Institutional Papers
Contact details of provider:
Web page: http://www.esocialsciences.org
yechnology; core banking solution; banks; business strategy; UCBs; urban cooperative banks; social reponsibility; urban bank; banks; financial inclusion; income group; RBI;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-08-16 (All new papers)
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Padma Prakash).
If references are entirely missing, you can add them using this form.