Bank used to maintain
accounts of the customers in ledger extract and later the
Banks (including the plaintiff-Bank) changed to Core
Banking Solution ... During the said period, the plaintiff-
Bank was under the process of migration to core banking
solution system, the said cheque issued by the defendant
technology provider to banks, thrifts and credit unions. It provides
solutions for core banking platform built for global collaboration. It is
used in banks ... firms in North America and around the
globe. It provides solutions for core banking, full-service channels, self-
service channels, channel optimization, financial solutions, integration
bearing account No.15365 dated 22.09.2006
was converted to CBS (Core Banking Solution) A/c
No.90124010000663 and that the amount of the said
judis.nic.in
W.P.No. 11047 of 2020
“2. National Bank for Agriculture and
Rural Development (NABARD) in its letter
No.NB.Dor-Policyl2386l152t2 ... circular
that the PACCS in the State are not in Core
Banking Solution platform. Hence, they were
not in a position to issue KCC cards
judis.nic.in
W.P.No. 11047 of 2020
“2. National Bank for Agriculture and
Rural Development (NABARD) in its letter
No.NB.Dor-Policyl2386l152t2 ... circular
that the PACCS in the State are not in Core
Banking Solution platform. Hence, they were
not in a position to issue KCC cards
systems integration,
valuation solutions and Software as a Service (SaaS) related solutions. Infosys
has developed Finacle universal banking solution empowering 114 banks
across 62 countries ... Finacle has also emerged as
one of the most scale-able core banking solution in the world by achieving an
unparallel performance benchmark
behalf of the respondent,
Shri Sanjog Arun Kumar, CPIO, State Bank of India, Chandrapur attended the
hearing through video conference.
5.1. The appellant inter alia ... Bank had gone into
technological change of first going from manual banking to Bank Master
Technology and later on to Core Banking Solution technology
respondent submitted that the bank cheque referred to in
this matter was of 2004 and as per the bank's retention policy, all vouchers ... system maintaining data back then in 2004 was different than the core banking
solution (CBS) in place currently. However, he assured to make efforts again
that the company is engaged in a
number of activities including investment banking activities.
Thus, the company is functionally different from the assessee
because ... cross boarder
acquisition. Its core competence is in the field of merchant
banking. It also provides comprehensive investment banking
solutions and transaction expertise covering private
cross border acquisition. Its core competence is in the field of merchant
banking. It also provides comprehensive investment banking solutions and
transaction expertise covering private ... implementations. It is also involved in various
professional activities of the merchant banking. A Merchant Banker provides
capital to companies in the form of share
