• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

CHENNAI: Laser Soft Infosystems Ltd, a Chennai-based banking software products company, has completed implementation of its Panacea Core Banking system in over 350 branches of Corporation Bank.

The system covers all areas of banking, including retail banking, trade finance and corporate banking. All the new banking services and products have been provided fully integrated into the core banking system.

The solution at the bank has been implemented at a total cost of ownership (TCO) of Rs 4 lakh a branch. The TCO covers central server hardware cost, networking cost and Panacea software cost, says a company press release.

More Stories on : Software | Software | Public Sector Banks

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
`ExlService US listing plans reflect maturity of BPO sector'

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line