As most bank branches, including those of RRBs, are coming under the core banking platform, it is important not to be swamped by this deluge but to process the data into useful information for management through robust MIS and decision support systems.
This becomes particularly relevant in the context of internal rating models and fraud detection techniques where extraction of patterns from data is the sine-qua-non. The Reserve Bank attaches a lot of importance to ensuring the quality of data, its processing into useful information and the flow of that information to the appropriate level.