Date:14/04/2008 URL: http://www.thehindu.com/2008/04/14/stories/2008041457930200.htm

Karnataka - Bangalore

Syndicate Bank implements Oracle solution

Special Correspondent

BANGALORE: Oracle announced that Syndicate Bank, the Karnataka-based public sector financial institution, has implemented a centralised banking solution to improve its business efficiency. The solution, Flexcube, runs on the Oracle platform and has been implemented in 1,700 branches of the bank which cater to 19 million customers. The core banking solution (CBS) has improved the bank’s business efficiency substantially. The solution enables the bank to provide online and real-time banking across branches while integrating delivery channels such as ATMs, e-banking and Internet banking.