APCOB
COMPUTERIZATION
APCOB has computerised all its Branches and Head Office under Core Banking Solution (CBS) during the year 2002. APCOB has also installed 4 ATMs at various locations twin cdities and one at Tirupathi and planning to install 10 more ATMs in phased manner.
APCOB has also introduced "Any Branch Banking" (ABB) which will facilitate the customers to operate on their Accounts from any Branch.
COMPUTERIZATION IN DCCBs
APCOB
has got developed a Common Software for use of District Cooperative Central
Banks for computerising the Back Office Functions of the Dist Coop Central Banks
as these functions are unique and would not be covered under any TBA Package.
The Software thus developed is implemented at Krishna DCC Bank &
Eluru DCC Bank on pilot basis.
This
DCCB Common software contains two parts i.e., DCCB Branch Office Software and
DCCB Head Office Software. This
software covers all the loan modules, FAS, MIS, PACS module etc.
Subsequently the software for DCCB Ho to APCOB connectivity and Kisan
Credit Card module were also developed. DCCB
Common software i.e., both Head Office software and Branch Office software were
implemented at the branches of Krishna District cooperative central Bank Ltd
Machilipatnam and District cooperative central bank ltd., Eluru
and its Head Offices.
The
software covers the core functions of DCC Banks and does not cover the front
office functions like Savings Bank, Current Account etc., However the total
scroll figures of SB and other front office accounts will reflect in the Day
book under the present software. If
at a later date Front office Software is developed and integrated with the back
office software which will not only help
in achieving the commonality in the software of DCC Banks but also
will ultimately help in getting the data in uniform model under
Connectivity Project at State level in APCOB.
COMPUTERISATION
IN PACS
With a view to take Information Technology to grass root level, the management of APCOB had decided to select and recommend suitable software for the computerisation of PACS. Because the PACS can derive the following benefits by computerisation.
1.
Maintain accurate books of accounts
2.
Diversify their activities to potential
non-agricultural activities.
3.
Improve the efficiency, productivity And
Profitability of PACS
4.
Lay more emphasis on recovery of principal and
interest
5.
Achieve turnaround and become viable and
profitable
6.
Achieve growth with profits.
7.
Prudent and healthy Balance Sheet Management.
Government
vide GO Ms No: 235 dated 7th September 2001 have entrusted the work
relating to Computerisation of PACS in 4 districts viz. Krishna, West Godavari,
Chittoor and Nizamabad, to M/s: Cooptions Technologies limited.
Under
the present scenario of various credit schemes offered by PACS to its members
and also by the adoption of single window credit delivery system, the PACS would
benefit by automation which can simplify their day to day activities and provide
them more time for their all-round development.
The software also meets the future requirement of the PACS.
PRESENT
STATUS
The implementing agency was
advised to complete the implementation of project in 100 PACS in these 4 pilot
Districts immediately. Implementation is completed in first 100 PACS in 4
selected districts.
