Mangalore, July 7: Banks need to gear up to absorb new technologies and leverage to improve delivery of services for comfort of customers by adding value, said Ramnath Pradeep, chairman and managing director, Corporation Bank, here.
Pradeep, who is also the honorary chairman of Bankers' Club, was addressing the members of the Bankers Club of Mangalore at a meeting held at Corporate Office of Corporation Bank. He said banks should put in place strong and robust systems and adapt emerging technologies to draw economies of scale and reduce operational costs.
He said the club will be used for exchange of information mutually beneficial for sound business growth and avoid likely problems being faced by bankers. Technological innovation shall be fully exploited and results gained shall be utilized in making services competitive, Pradeep said.
Bankers' Club had arranged a presentation on emerging technologies and cloud computing by H Srikrishnan, co-founder and director of Vayane Services. B R Bhat, general manager, Corporation Bank, introduced the subject `Cloud Computing' and urged the bankers to make use of the opportunities.
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