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of implementing e-KYC in collaboration with UIDAI’s bio-matric database. This
will help the cooperative banks to comply with KYC easily and also enable them
to provide quick account opening services to the vast number of rural customers
as envisaged in Prime Minister’s Jan Dhan Yojana (PMJDY).
4.11 Technical Team
: There were changes in the CBS implementation core
team in the banks and the new incumbents were not provided enough training.
Hence, there is a demand from the banks that a refresher training on CBS may be
provided to the core teams of the banks and also a TTP to the trainers of the
ACSTIs be conducted so as to take care of the training requirements of other staff
of the bank.
5.0 The solution:
The above issues were studied carefully and suggestions were
provided to the Inspecting officers of NABARD in the “Approach Paper on
Conducting Inspection under CBS environment”, which was submitted to
NABARD, DOS, Head Office. In the approach paper various issues like check-list
for IOs, the need for integrating Off Site Surveillance returns with on-site
inspection, various challenges like implementation of 20 different CBS packages
in cooperative banks, issues related to audit vis-a-vis inspection, availability of
accurate and timely data, technical capability of the banks, standardization of
accounting. Further, approach to inspection under CBS when compared to
manual system was also elaborated. Various tools available for IOs for accessing,
analyzing the information and the menu systems, navigation of menu system
and various commands for carrying out various tasks of IOs with respect to
verification of Loan accounts, Deposit Accounts, Borrowings and analysis
thereof.
6.0 Conclusion:
If the IOs integrate the Offsite and on-site inspection functions
and understand the difference between the manual and CBS systems, it becomes
easy to conduct inspection under CBS environment. If IOs try to use the audit
tools for analysis purposes, it becomes much more easy and effective to conduct
inspections in a professional way.
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