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Case Study KOSI Central Bank RRB

BancMate CBS – Case Study

KOSI Kshetriya Gramin Bank rolls out Bilingual Core Banking to compete with the private sector and meet the requirements of OLA.

The Organisation

The Kosi Kshetriya Gramin Bank Limited (KOSI) is a regional regular bank of Central Bank of India in the Bihar state of India.
KOSI has 164 branches and extension counters spread throughout the state.

It offers a full range of financial products and services including:

  • Deposit taking
  • Term loans
  • Commercial bill acceptances

The bank mainly serves:

  • Farmers through the KCC Scheme
  • Individuals & Government Employees/Companies

One of the key challenges was:

  • Ensuring data accuracy
  • Improving operational ease
  • Providing better customer experience

The bank wanted to centralize its data from far-flung branches. BancMate was selected due to its:

  • Bilingual interface
  • Easy learning curve
  • Smooth implementation
  • Intuitive and user-friendly features

Overview

Country or Region: India
Industry: Banking

Customer Profile

The Kosi Kshetriya Gramin Bank Limited (KOSI) is a regional bank under the Central Bank of India in Bihar.

  • It has 164 branches and extension counters
  • Spread across the entire Bihar state

Challenge

PNB RRB’s have their separate banking System, Banks were providing the manual solution to their HR related activities, which was quite time consuming and was more cumbersome. Payroll management, Leave management, Attendance Management etc. was not so easy to manage manually and later on the complete MIS reports for the same was not available. They wants automate the HRMS Related activities for proposed RRBs on a single instance for the all RRBs , Also they wants that Master Data for ALL RRBs should be same. One approach is to create separate application server and data base server for each RRBs with the separate web server. Serval drawback in this architecture In each installation have the independent application to each server instance for each RRBs Each server instance has separate settings and each server instance runs in its settings. Costly There are duplication of work for number of times and cause more manpower requirement and changes of human error Bank people wants the various consolidated data on various attributes and it was very difficult to find the manual system all the manual entry need to be identified after that they find the data and analysis done . E Hr Solution overcome this problem with their Dash boards and MIS Reports In the manual system for pay the employee salary bank people post the one by one voucher for all the employee it is very time consuming process , E Hr Solution cover come the problem

Business Situation​

KOSI was faced with the prospect of increased competition from new private and public sector banks. It also faced the challenge of linking all of its branch operations into a cohesive entity to serve its customers.

Technology Stack

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