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CMC
wins Reserve Bank of India project
New Delhi, January 29, 2003
CMC
Limited, India's premier IT company, has
been selected by the Reserve Bank of India
(RBI) to provide an 'Integrated Establishment
System' (IES) for its 13 central office
departments in Mumbai and 20 regional
offices in India.
The solution
will cater to the requirements of pay
roll, loans and advances, leave application
and processing, employee claims, employee
allowances and budgeting and will handle
these requirements for more than 30,000
employees of the RBI.
The solution
has bilingual
capabilities and also takes care of the
processing requirements, house-keeping
requirements, conceptual workflow, operational
requirements and has interfaces with the
existing integrated accounting system,
human resource information system and
electronic clearing system of the RBI.
"This
is a very prestigious win for CMC. We
are committed to delivering world class
solutions to RBI who is one of our major
customers, and thank them for selecting
us," said Mr R Ramanan, Dy MD and
COO, CMC. "This opportunity leverages
CMC's total capabilities as a system integrator
of mission critical applications for nation
wide solutions" he added.
The project
from RBI comes close at the heels of another
large multi-crore Total Branch Automation'
(TBA) order from Central Bank of India
which has been one of the significant
orders for the company among its recent
wins. CMC has established itself as a
strong IT solutions provider to banks
in India and internationally.
Its global
clients in the banking sector include
National Bank of Dubai, National Bank
of Sharjah, Lombard NatWest Bank, Kenya
Commercial Bank, Commercial Bank of Ethiopia,
Zimbabwe Banking Corporation, Lesotho
Bank, First State Bank, Bank of Valletta,
China Banking Corp and International Banking
Corp.
About
CMC
Founded in 1976, CMC is one of the premier
information technology solution providers
in India, with a turnover of Rs 5653.3
million for 2001-02. Operating out of
18 offices and more than one hundred and
fifty service locations in the country,
CMC Limited employs over 3000 people and
has a wholly owned subsidiary in USA called
Baton Rouge International Inc.
CMC's
vision is to operate globally and bring
the benefit of information technology
to improve the productivity of its customers
and the quality of its customer's products
and services. CMC combines horizontal
expertise in Information Technology with
its vertical experience developed by working
in a wide range of industries.
Contact
Head Corporate communication
PTI Building
5th Floor, 4 Sansad Marg
New Delhi - 110 001
Tel: 91-11-23736151-8
Email: svr@cmcltd.com
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