IDBI Bank
commissions CPU
Our Banking Bureau
10 December 2001
 Mumbai:
IDBI Bank has
commissioned a centralised processing unit (CPU) in Andheri,
Mumbai, where all operations of its nationwide network of branches
will be managed.
The bank has centralised
operations with a view to enabling rapid deployment, streamlining
of operations and
optimising operational costs, a press release said.
 “The
setting up of CPU will result in significant cost savings on all
operational-centric work. The speedy processing of huge volumes of
transactions will empower our sales team to meet customer
expectations,” IDBI Bank country head (retail banking) Ajay
Bhimbet said.
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