Reported by: banking|Updated: October 5, 2020
Indian Bank has unveiled its IB-eNote facility, aimed at providing a paperless working environment and improving the turnaround time. It is expected to save costs on paper, printing and other administrative expenses, the bank said. The bank has customized SharePoint, one of the features provided by Microsoft Office. The bank’s Managing Director and CEO Padmaja Chunduru said the bank has a strong technology backbone with state- of-the-art infrastructure enabling introduction and seamless functioning of many digital banking products like mobile banking app, net banking, etc. The bank has also ‘Ind Guru’, an e-learning platform for its employees that offers technology enabled solutions aimed at capacity building. Commenting on the launch of IB-eNote, Microsoft India MD Sashi Sridharan said process automation and this digital workflow tool will be one among the many other initiatives of the bank to drive digital transformation.