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BoM partners with TCS to implement CBS
The Financial Express — March 23, 2006

Bank of Maharashtra has signed a contract with Tata Consultancy Services to implement core banking solution. The value of the contract is Rs 178 crore and CBS platform would be extended to 600 branches of the bank, which is expected to cover 80% of its customer base. Present during the initiative, BOM's chairman and managing director SC Basu said " we plan to have a continued focus on retail lending which has witnessed a growth of Rs 800 crore in its retail lending portfolio in the past seven months."


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