News

India's UTI Bank converting ATMs to CDMA

December 2, 2004

CXOToday.com: India's UTI Bank has just successfully completed the trial deployment of a CDMA-enabled ATM, paving the way for future ATM installations of such systems.

UTI Bank's VK Ramani said alll of the bank's future ATMs will be based on the CDMA technology, and that UTI expects a reduction of almost 50 percent in real estate costs using the new method of connectivity.

The technology was provided by Reliance Infocomm.

The bank also recently concluded a customer relationship management project that runs on Red Hat Enterprise Linux 3 platform with an Oracle database at the back end.

"We wish to have an elaborate business intelligence mechanism as we deal with a mammoth database and an ever swelling volume of transactions," Ramani said.

Read more...