Reference Number 12/2012-2013 dated 12.12.2012 for Core Banking Solution and other application implementation dated 12.12.2012 including addendum and corrigendum ... Core Banking Solution and other application implementation dated 12 January 2013 and quash the same as illegal and unconstitutional.
For Petitioner : Mr.V.Ramakrishnan
BANK OF INDIA ACT ,
HAVING ONE OF ITS OFFICE AT
NRUPATHUNGA ROAD,
BENGALURU 560 001.
REP BY ITS MANAGER.
4. NATIONAL HOUSING BANK
CORE ... BANK OF INDIA ACT ,
HAVING ONE OF ITS OFFICE AT
NRUPATHUNGA ROAD,
BENGALURU 560 001.
REP BY ITS MANAGER.
4. NATIONAL HOUSING BANK
CORE
Bank. Further, he submitted that, the Bank, has, in a crystal clear manner clarified that, Bank has initiated the process of Core Banking Solutions ... only reason given by Bank is that, the Bank has initiated the process for implementation of Core Banking Solutions (CBS) and has to cover
shall get Core Banking facilities by 31 st March 2013
and only such of the Banks would in fact get Core Banking facility
by 31st ... Core Banking facility by 31 st March 2013,
their services were liable to be discontinued and transferred to a
Bank having Core Banking facility
shall get Core Banking facilities by 31 st March 2013
and only such of the Banks would in fact get Core Banking facility
by 31st ... Core Banking facility by 31 st March 2013,
their services were liable to be discontinued and transferred to a
Bank having Core Banking facility
Banking transactions of plaintiff are invariably recorded in
the account books of the Bank, which is now in electronic
form, known as 'Core Banking ... procedures of the plaintiff
Bank. When the drawee Bank advises that the cheque sent
for collections is cleared, plaintiff Bank on the basis
include 'banker' or 'bank.' Banking is an activity. Entry
pertains to the activity of banking alone. Section 5(b) read with ... recognizes two kinds of activities that
a bank may undertake: (1) the banking business, i.e., 'core banking
business'; and (2) any other
Banking Regulation Act,
1949 and in particular Section 5(b) which defines
Banking and reads as under :
"5(b) "banking" means ... Banking Regulation Act, 1949 and
would submit that Clause-(k) of Section 6 of sub-
section (1) of the Banking Regulation Act enables the
Banking
T.B.S.L. vs . Jitesh Sharma Cc No.1552/10 on 12 October, 2010
onwards the Union bank of India, Vijayanagar branch,
Bangalore was having Core Banking. He admits that since it
is a core banking branch ... this regard. He admits that since it is a Core
banking right from the Regional office to the Head office
