National Bank for Agriculture and Rural Development (NABARD) will assist four district central cooperative banks in Karnataka to adopt Core Banking Services (CBS). The banks situated in Kodagu, Kanara, Chikmagalur and Bijapur districts have inked an agreement with Tata Consultancy Services (TCS).

The Chief General Manager of NABARD, Mr. S. N. A. Jinnah said, “We are to play the role of an advisor and facilitator in the process and extend project management support during the roll out of the CBS.”
He also said, “By this, we ensure that the interests of the banks are protected throughout the implementation process.”

source: http://www.RupeeTimes.com / Home> News & Advice> Personal Loans / by Vaibhav Aggarwal / February 08th, 2012