Tuesday, February 20, 2001
fesub.gif (4328 bytes)
Full Story
fe.gif (834 bytes)
India's first e-business paper
flnews.gif (5153 bytes)
Search FE
-
Download
BSE Quotes
NSE Quotes
-
 

BoB inks Rs 300 crore plan to build IT setup 

Our Banking Bureau  
Mumbai Feb, 19: The state-owned Bank of Baroda is tying up with a US-based IT company to set up the basic IT infrastructure of the bank at a cost of Rs 300 crore.

BoB will the second bank among the public sector bank after the State Bank of India which is spending over Rs 600 crore go for a massive IT initiative to be implemented over next three years. The IT initiatives of the bank include technology upgradation, networking of its branches, and introducing more delivery channels.

Copyright © 2001 Indian Express Newspapers (Bombay) Ltd.

- Lead Stories | Corporate | Infrastructure | Commodities | Economy/Finance | BSE Today | NSE/ Markets | Strategy | Convergence | After Hours top.gif (150 bytes)Top
flame.jpg (1068 bytes) © Copyright 2001: Indian Express Newspaper(Bombay) Ltd. All rights reserved throughout the world.
This entire edition is compiled in Mumbai by The Indian Express Online Media Limited, a division of
The Indian Express Group of Newspapers. Managed by The Indian Express Online Media Limited and hosted by CerfNet.