Polaris' core banking solution implemented by Andhra Pradesh State Cooperative Bank

CHENNAI: Financial technology company Polaris today said the Andhra Pradesh State Cooperative Bank Ltd has implemented its Intellect Core Banking Solution.

The city-based company, in a statement said, the Bank implemented the core banking solution in all its 22 affiliated district central cooperative banks in Andhra Pradesh.

Intellect's CBS has been deployed in a centralised data centre in Hyderabad and can be accessed by all the 560 branches and 22 headoffices, it said.

"We are happy that APCOB, has gone live with Polaris' core banking solution. This will also help provide channel banking facilities to clients in rural and semi-urban locations...," Polaris Financial Technology, Executive Vice-President and Geography Head (Indian subcontinent) K Srinivasan said.