ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Computers in Banks

Computers in Banks Bagaram Tulpule Report of the Committee on Mechanisation in Banking Industry, Reserve Bank of India, Bombay, 1984. THAT so strong and militant a trade union body as the All India Bank Employees Association (AIBEA) entered into an agreement with the Indian Banks Association in September 1983 permitting the introduction of different kinds of electronic hardware and data processing systems in the work of banks was a matter of great significance. That agreement was, in effect, recognition of the vastly increased volume as well as complexity of work in banks which the prevailing manual methods are no longer capable of coping with. AIBEA, no doubt, got some provisions written into the agreement to prevent wholesale and runaway computerisation in the industry that would threaten the jobs of bank employees. How far these restrictive clauses of the agreement will really be enforced, time alone will show.

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Back to Top