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WHETHER ANY TIMELINES HAVE BEEN RECOMMENDED FOR ADF?

By IndianMoney , 5 months ago

1. The total time for complete implementation of ADF would depend on the cluster in which the bank places itself after making an assessment of Process and Technology maturity as per the methodology given in the Approach Paper. 2. However, it is expected that the banks with advanced IT systems and experience of working in a computerised environment would take the lead and implement ADF in the shortest possible time, say, even 2-3 months. 3. In general, banks should strive to meet the objectives within the shortest possible timelines.

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