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Technology – The Core Service Differentiator for The ... - IDRBT

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RBI itself uses <strong>Technology</strong><br />

<strong>for</strong> differentiation<br />

An integrated solution <strong>for</strong> each functional area<br />

Online analytical capabilities – <strong>The</strong> Integrated Foreign<br />

Exchange Management Solution, <strong>The</strong> Human Resource In<strong>for</strong>mation System,<br />

Integrated Monetary Policy Solution<br />

Online Decision Making – <strong>The</strong> Centralized Database<br />

Management System , <strong>The</strong> Enterprise Knowledge Management System<br />

Customer <strong>Service</strong> – RBI website, coin & note dispensing machines<br />

<strong>for</strong> public, Interactive voice response <strong>for</strong> banks & FIs, ECS/EFT, cheque<br />

truncation<br />

This is apart from technologies used <strong>for</strong> central banking<br />

functions<br />

INSTITUTE FOR DEVELOPMENT AND<br />

RESEARCH IN BANKING TECHNOLOGY<br />

October 9, 2004<br />

Vepa Kamesam, Chairman <strong>IDRBT</strong>

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