Next step in banking: Innovative services

KOCHI: The Institute of Development and Research in Banking Technology (IDRBT), the technical arm of RBI,  in association with the South Indian Bank organised an executive round table ‘Beyond Core Banking’ here on Monday.G Padmanabhan, Executive Director, RBI inaugurated the programme and delivered the keynote address.Speaking on the occasion Padmanabhan told that since majority of banks in India have implemented core banking, it is high time that banks innovate and introduce more technology products and services.V A Joseph, MD and CEO, South Indian Bank, Suma Varma, Regional Director, RBI, Trivandrum, R Sambamurthy, Director, IDRBT and Abraham Thariyan, Executive Director, South Indian Bank also spoke.Sambamurthy stressed the need for building up management information system in banks which will help in understanding clients better and meet their requirements.