Karimnagar DCCB is one of the six DCCBs selected for Core Banking Solutions Computerization in the state in the first phase.
The Managing Committee vide Resolution No.12 in its meeting held on 31.03.2009 has also approved the proposal for Core Banking Solutions and also requested the APCOB to sanction the financial assistance for the project. The APCOB has taken decision to take up the project on behalf of all the DCCBs in the state. Accordingly, the APCOB has selected LASER SOFT INFOSYSTEMS Ltd, Chennai as Software Vendor.
In this regard, the Bank has also formulated a District Level Core Committee for implementation of the project “DCCB Computerization Project (DCCB-CBS) duly nominating the following Board members and Senior officers of the Bank.
|1||Sri K.Ravinder Rao||Chairman, KDCC Bank Ltd., Karimnagar|
|2||Sri V.Bhanu Prasad||Chief Executive Officer, KDCC BANK Ltd., Karimnagar|
|3||Sri B.Kankaiah||Asst.General Manager (Dev)/Convener|
|4||Sri K.Madhukar Reddy||Manager (Bkg)/Member|
|5||Sri N.Satyanarayana Rao||Manager (L&A)/Member|
|7||Nodal Officer, APCOB/Member|
|8||Representative of M/s Laser Soft Infosystems, Chennai, Consultant-cum-Service Provider (CSP)|
The said Committee in its meeting held on 31.03.2010 has discussed the Project plan for data migration and related aspects and the same was discussed in the Branch Manager’s meeting held on 11.04.2010.
Accordingly, the tender process selection of Data entry agency for data migration/data digitalization was completed and the said project was entrusted to M/S Sai Digital Graphics, Hyderabad. Data migration in respect of (23) out of (29) branches has been initiated.