Sunday, December 27, 2020

IT IS FEASIBLE TO IMPLEMENT 'ONE NATION, ONE BANKING SOFTWARE' !!!

"Instead of merging several 
organizations EVERYWHERE; 
it is feasible to implement 
'One Nation, one banking SOFTWARE.' 
'Aadhaar Card' must be 
utilized to bring a new 
banking REVOLUTION; 
in this global competitive arena, 
in each and every industry, 
there is surely an EVOLUTION. 
If RBI plans to implement one 
banking software for all banks, 
then the best choice may be 'FINACLE'; 
initially, smooth migration of all 
the accounts of all bank customers 
may be just a slight OBSTACLE. 
If all the banks have one common 
CBS software, then recovery 
of PNPA and NPA loans 
can become EASIER; 
as just by entering the 'Aadhaar Card' 
number in CBS, we can see the balance 
of other bank accounts of any NPA customer 
who earlier used to act WISER."- Arindam Sain

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