types of
businesses are in addition to business of banking viz.
core banking. The importance of the words "in addition
to" in Section ... banking companies may engage. Thus, RBI is empowered
to enact a policy which would enable banking companies
to engage in activities in addition to core
Pandey, Grameen Dak Sevak to work in Finacle Software
system of Core Banking Solution (CBS) violating the norms
of postal department because said Arvind Kumar ... Arvind Kumar Pandey, GDS to
work in Finacle Software system of Core Banking Solution
(CBS) violating the norms of postal department because
other co-accused
Giridih HO, his duty was to clear
Demand Drafts/cheques in Core Banking Solution (CBS),
Giridih Head Post Office by the way of scanning ... Enterer for
entering/log in into Finacle Application Software in Core
Banking Solution.
38. Thus, prima facie it appears that the involvement of
the present
summon the accused, namely, Indusind
Bank and J.P. Motors vide order dated 25.4.2019. Mr. Rohit
Bhardwaj, Manager, Indusind Bank appeared before ... Court
on 26.8.2019, stating that he was the Manager of Indusind Core
Bank and the person to be summoned was the Manager of
Indusind Bank
deposits with a banking company to which the
Banking Regulation Act, 1949 (10 of 1949) applies (including
any bank or banking institution referred ... operative society or the public company has
adopted core banking solutions:
Provided also that in case of payee being a senior citizen, the
provisions
sought
the list of Bank's all borrowable accounts as reported in
Offsite statements in 2015, PMC Bank started preparing
fictitious loan accounts firstly ... Inspection/Audit. Parallel system was prepared for the
CBS (Core Banking Solution-Banking Software) used by
PMC Bank i.e. OMNI for period previous
also and requested the AGM not to initiate any
actions outsideof the Bank.
The same was brought on record and marked ... question of PO, MW deposed that in "Core Banking Solutions" there is
a provision for auto renewals of TDRs. The out-standings
money at any nationalized bank at Kolkata, which operates through a core
banking system, the same would not give rise to a cause of action
tune of Rs.6,498.20/- crores in complete
contravention of the Reserve Bank of India's guidelines and
without following the procedure laid down ... LOUs. The
applicant directly issued SWIFT messages without making
entry in Core Banking Solution (CBS), as a result, the
3/12
PMB 907.ba.2521
accused company was done without following any
procedures established by the bank and R.B.I. by issuing
circulars. The applicant was in charge ... Credit. The applicant directly issued SWIFT
messages without making entry in Core Banking Solution
(CBS), as a result, the superiors and the concerned officials
