Banks will put in place strong and robust systems and adapt emerging technologies to draw economies of scale and reduce operational cost, according to Mr Ramnath Pradeep, Chairman and Managing Director of Corporation Bank and Honorary Chairman of Bankers' Club of Mangalore.
He was addressing the members of the Bankers' Club of Mangalore at the corporate office of Corporation Bank here on Tuesday evening.
He said that banks need to gear up to absorb new technologies and have improved delivery of services for comfort to customers. Technological innovation should be fully exploited and results gained should be used in making services competitive, he said.
The forum of banker's club should be effectively used for exchange of information mutually beneficial for sound business growth and avoid likely problems being faced by the bankers, he added.
A press release said here that Bankers' Club had arranged a presentation on emerging technologies and cloud computing by Mr H. Srikrishnan, Co-founder and Director of Vayane Services.
Mr B.R. Bhat, General Manager of Corporation Bank and Executive President of Bankers' Club, introduced the subject Cloud Computing and urged the bankers to make use of the opportunities.
Ms Renuka Bangera, Secretary of the Bankers' Club, proposed a vote of thanks. Mr Narendra Singh and Mr Ashwani Kumar, Executive Directors of Corporation Bank, were present on the occasion.
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