Banks are prepared for discontinuation of Windows XP: IBA

Posted By: Religare
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Banks are prepared for discontinuation of Windows XP: IBA
The Indian Banks Association (IBA) today downplayed concerns arising from discontinuation of the Windows XP operating system on banks and functioning of ATMs, saying neither branches nor cash vending machines will be shut down once Microsoft stops support to the system from April 8.

According to the PTI report, chief executive MV Tanksale of IBA said, "Banks are definitely well prepared and the industry is seized of the matter. I am very sure that you will not see a problem where ATMs or bank counters are shut because of this."

Tanksale said only the old ATMs may face some problem as all the newer machines are run on newer platforms.

Tanksale, however, said he does not have the data of such machines which are still running on Windows XP offhand.

The Reserve Bank had yesterday flagged the issue saying banking operations may be hit once the Windows XP gets phased out starting April 8.

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