RRB customers to get online facility & biometric ATM cards for banking transaction

Almost all the nationalized commercial banks offer on-line transaction facilities, working on the same line, Rushikulya Gramya Bank (RGB) in Orissa will soon offer on-line transaction facilities and issue smart and biometric ATM cards to its customers.

The bank will update its technology in association with its sponsor Andhra Bank. First the bank will implement Core Banking Solution (CBS) in all its 81 branches located in southern Orissa’s Ganjam and Gajapati districts.

The bank plans to bring all its branches under CBS by March 2011 as against the last date of September 2011 set by the central government.

The Centre has also instructed all the RRBs (regional rural banks) across the country that by the end of September next year they should implement CBS facilities in all their branches with the help of their respective sponsor banks.

Chairman of the bank P V S T R Seshagiri Rao said, "We have already prepared the roadmaps for the CBS in support of our sponsoring bank Andhra Bank."

Most probably in July the first branch having CBS facility will start operations and by the end of September around 50 per cent of the branches will be covered under CBS. He said by the end of the current fiscal all branches are likely to be covered under CBS.

He said, "We will tie up with Andhra Bank to use the ATMs of the sponsoring bank by the customers of RGB after implementation of the CBS. Any customer of RGB will operate their transaction through ATMs of Andhra Bank anywhere in the country like any other commercial banks."