Database Management White Papers
Saraswat Bank Boosts Profit by 40%, Growth by 30% With Support From Centralized Banking Platform
Overview Founded in 1918 as the Saraswat Co-operative Banking Society, the Saraswat Co-op Bank is the largest cooperative bank in Asia. Like many Indian banks, Saraswat's investments in IT were small before the country's economic liberalization process began, leaving it ill-equipped for unregulated competition. Attempts to improve this situation through the acquisition of a central banking application failed, as the chosen software could not provide the decentralized services the Bank wished to offer its customers. According to the managing director of Saraswat Bank, the institution sought to remedy its IT problems by selecting Oracle 10g technology to underpin its core banking application and other systems.
| Publisher | Oracle | File Format | |
|---|---|---|---|
| Date Published | December 2006 | ||
| Format | Case Studies | ||
| Topics | |||
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