Lakshmi Vilas Bank: MIS Saves Bank 30 Percent Man Hours and Substantial Operational Cost in First Year
Lakshmi Vilas Bank (LVB), Tamil Nadu, needs an important piece of information is urgently required by the top management for taking a critical decision. LVB, wanted to improve reporting and information management to streamline internal business processes. Lack of relevant up-to-date information was undermining the efficiency of the bank. Customers wanted faster and more relevant information; while employee productivity was hampered; Decision made, the search for a viable option began. The bank chose a solution by D2K Technologies. Microsoft SQL 2008 has given them a competitive advantage vis-à-vis their peers. The speed with which they are able to provide information to internal stakeholders, customers and government departments has improved significantly.