core banking system

Budget 2022: 100% of 1.5 lakh post offices will come on core banking system, says FM Nirmala Sitharaman

The government has projected growth at 8% to 8.5% compared with an estimated 9.2% for the current fiscal year and a 6.6% contraction the previous year.

Feb 01, 2022, 12:02 PM IST

Bank Account Portability scheme may be put on the back burner; government to ask UIDAI, NPCI for solution

Bank account portability allows the customer to shift form one bank to the other without having to give up his bank account number or without having to open a new account altogether.

May 07, 2018, 15:23 PM IST

Postal Dept to open 1,000 ATMs by March this year

The Department of Posts (DoP) plans to open 1,000 ATMs and bring all 25,000 departmental post offices under core banking system by March this year.

Jan 17, 2016, 17:34 PM IST