Date:29/03/2005 URL: http://www.thehindubusinessline.com/2005/03/29/stories/2005032901510500.htm

Back Laser Soft tool for United Bank

Our Bureau

CHENNAI: Laser Soft Infosystems Ltd has provided United Bank of India its "e-Circular," which facilitates instant delivery of circulars, application formats and loan agreements from head office (in electronic form) to all branches and offices, which are connected.

Mr B. Suresh Kamath, Chairman, Laser Soft, in a press release said the company has implemented the product for 3,300 branches of State Bank India and for all networked branches of Corporation Bank. The product is being implemented in seven associate banks of the State Bank group. With e-Circular, banks can save up to Rs 1 crore annually for every 500 branches.