The progress in implementing CBS for India Post
Since the announcement of its IT Modernization Initiative in 2012, the implementation of the Core Banking Solutions or CBS has made considerable progress. This is true for rural and urban India.
The first migration happened towards the end of 2013. The Greams Road S.O. in Chennai City Region migrated from the existing Sanchay Post to Finacle CBS from Infosys on December 16, 2013.
The word ‘migration’ has become very popular in India Post with nearly all Head Post Offices and Sub Offices migrating to CBS. As of February 29, 2016, a total of 18231 Head Post Offices and Sub Offices have migrated successfully. The roll out in each of the 22 circles can be seen by clicking on the link provided below: https://www.indiapost.gov.in/VAS/Pages/Whats%20New/CBSRolloutInformation.pdf