Tuesday, December 2, 2008

Andhra Bank 527 branches rolled out to core banking

Andhra Bank had shifted its first branch to Core banking solution on March 31 this year following the line on Tuesday bank announced the migration of 527 branches to Core Banking Solution (CBS) that account for 34 per cent of the bank's total business, Andhra Bank General Manager Rakesh Sethi said.

Bank has planned to roll out all its branches to Core Banking solution by March 31 next year.

At present banks CBS branches are located in 143 cities and towns with 77 per cent of all metro branches and 56 per cent of all urban branches already been migrated to CBS.

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