C-Edge adds another feather in its cap as it successfully rolled out 3,253 branches of the National Bank for Agriculture and Rural Development (NABARD) across the country. A significant amount of these totaling 2,894 branches were added in the current year alone. States of Gujarat, Madhya Pradesh, Chhattisgarh, Karnataka and Tamil Nadu were covered. The managed services comprised of turnkey networking solution and services to connect various District Central Cooperative Banks (DCCBs) and State Apex banks in the country. The branches were integrated onto a central Core Banking Solution. Approximately 96banks went through a major transformation of the current information technologies and a significant reengineering of the bank’s business processes. The CBS project grew under the NABARD patronage. The most difficult challenge during the transition was “the management of change”. However, these difficulties were proficiently handled by NABARD with a vision to become a special purpose vehicle to make best use of CBS technologies by DCCBs and SCBs which has far reaching effects on banking activities done in rural areas. These initiatives resulted with all DCCBs and SCBs using services like RTGS and SMS alerts which were not accessible to them earlier. DCCBs and SCBs have developed a strong association with TCS/C-Edge under the able guidance of NABARD as they both share a similar vision of financial inclusion and rural development. The commendable feat was accomplished due to the relentless efforts of the Operations team from TCS/C-Edge, bank management, bank staff, bank’s core team members and NABARD officials. About NABARD:NABARD is set up as an Apex Development Bank with a mandate for facilitating credit flow for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts, and other rural crafts. It also has a mandate to support all other allied economic activities in rural areas, promote integrated and sustainable rural development and secure prosperity of rural areas.
