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Gujarat co-op banks to launch net banking

More than 260 co-operative banks, with a network of over 2,000 branches across Gujarat, will come under this umbrella

Vimukt Dave  |  Ahmedabad 

After a successful rollout of core banking facilities, cooperative banks in Gujarat are now planning to launch internet banking and mobile banking for the first time in India. With support of the Gujarat Urban Co-Operative Banks Federation (GUCBF), Gujarat State Cooperative Bank - a scheduled bank of Gujarat - has created an umbrella platform under which all the cooperative banks of the state will be able to provide net banking facilities to their customers. Since maintaining server and technology is not affordable for small co-operative banks, the federation is now in the process of ...

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First Published: Sat, March 05 2016. 22:30 IST
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