Bhopal,June 11:With a view to modernising cooperative banks, officers and employees of these banks would be imparted training of modern banking and computer. Besides, core banking would also be introduced in cooperative banks.
Decision to this effect was taken at a meeting of Apex Bank’s working committee which was chaired by Cooperative Minister Shri Gopal Bhargava. Those present at the meeting included Principal Secretary Cooperatives Shri Pravesh Sharma, Commissioner Cooperatives Shri Vishwa Mohan Upadhyaya, Managing Director of Madhya Pradesh State Cooperative Marketing Federation Shri Gopal Reddy and Managing Director of Apex Bank Shri Sushil Mishra.
Cooperative Minister Shri Bhargava said that now the time has come to bring about large-scale improvement in the working pattern of cooperative banks as well linking it with modern techniques. Shri Bhargava said that there is need for mentally preparing officers and employees of cooperative banks and training them intensively in the light of modernisation of other banks.
The meeting discussed computerisation of cooperative banks and starting core and personal banking in them. The meeting also discussed to send officers and employees of leading banks and district banks for training in modern banking and computer operation to Lucknow-based institution, State Bank of India, N.I.G.M. Bangalore and Baikunthh Mehta Institute. Commissioner Cooperatives and managing director were authorised to appoint the agency in this connection as per their convenience.
The meeting agreed in principle to make services of cooperative banks more efficient and start core banking, A.T.M. banking, Anywhere Branch Banking, e-banking and mobile banking with a view to help cooperative banks shoulder to shoulder with private banks.
After installation of core banking software, account holders of cooperative banks would also be able to utilise facilities of A.T.M, e-banking, phone-banking etc. The network of cooperative banks is quite wide beginning from leading banks to district banks to primary cooperative credit societies. Therefore, such a core banking software would be evolved which can be used for linking all the branches of the bank. The computerisation work done thus far in the cooperative banks would have to be done away with for launching core banking system. The central server of core banks would be located the cooperative banks’ headquarter and customers would be provided modern banking services by linking all the branches with the server. This decision would lead to increase in financial as well as technical benefits of cooperative banks and would also ensure uniformity in computerisation throughout the state.