TSCAB to introduce EOD transactions in PACS very soon

KARIMNAGAR: The Telangana State Cooperative Apex Bank (TSCAB) is planning to introduce the End of Day (EOD) transactions system in all PACS very soon to ensure total transparency and accountability.

After the introduction of the EOD transaction system, the PACS would also function on par with the DCCB, said Mr Konduru Ravinder, chairman of NAFSCOB, TSCAB and Karimnagar DCCB.

Participating as chief guest on the second day of the three-day training programme on the computerised generation of statements and audits for the PACS CEOs and operators at the DCCB main branch in Karimnagar town on Thursday, Rao said that they had completed the computerisation of all the 900 and odd PACS in the state some three years ago.

But, still, the PACS CEOs and operators were facing some problems, he said and added that the training and capacity building was aimed to update their skills and handle the computers and accounts perfectly every day.

Stating that the PACS were pillars of the cooperative system, he informed the staff to utilise the training and work with seriousness while discharging their duties. CTI faculty Subba Rao, PACS development cell resource person G Satyanarayana, general manager Prabhakar Reddy, AGM Hanumantha Rao and others were also present.