First Oracle's PeopleSoft Enterprise Global Payroll 9.0 implementation in India
Bangalore, October 30, 2008:
Wipro Infotech, the India and Middle East IT Business arm of Wipro Ltd, announced that it has implemented Oracle's PeopleSoft Enterprise Human Capital Management 9.0 for Jammu & Kashmir Bank. It will help streamline the HR management of the bank, which has an employee force of more than 8,000. It will also enable the cutting down of paper work to a major extent and reduction of manual work thereby lending alacrity to HR processes.

Some of the modules implemented by Wipro include Talent Acquisition Manager & Candidate Gateway (Recruitment), Administer Training, eDevelopment, ePerformance, eProfile Manager Desktop, eProfile, Profile Management, Global Payroll for India, Absence Management & Approval Workflow Engine.

As a result of this implementation all the zones and branches are connected to the centralized HR system and a fully customized claims management system has been deployed to facilitate the claims process, which also includes an interface to Oracle's PeopleSoft Enterprise Payroll. Further, the Workforce Scorecard designed from the Performance Management System (ePerformance), provides an analytical and pictorial platform to gauge employee performance. Future strategy has also been proposed to the bank to facilitate adding of non-computerized / non-automated branches or Zones into the PeopleSoft payroll & absence system.

Dr Haseeb A Drabu CEO J & K Bank on the launch of JKB Peoples System said "In today's competitive world it is important to streamline processes through an effective implementation of technology. In these difficult times, it is imperative to cut down processes so as to increase efficiency. We are confident that by using Peoplesoft HCM package we will manage significant productivity gains and be even more employee centric.

Speaking on the occasion, Mr. Sairaman Jagannathan, Vice President & Business Head - Business Solutions Division, Wipro Infotech, said "We are happy to have re-engineered the HR processes of Jammu & Kashmir bank. We have replaced the old manual HR system to centralize the HR information thereby improving efficiencies in their HR processes and Systems. We are positive that Oracle's PeopleSoft Enterprise HCM 9.0 will help J&K Bank to derive significant benefits by enhancing the Business processes and reducing personnel manpower." Said Mr. Samir Sathe, Director, Financial Services Industry, Oracle India, "I congratulate J & K Bank and Wipro, a member of the Oracle PartnerNetwork, for implementing an integrated human capital management system and a global single instance for over 8000 employees. J&K Bank will benefit from HR best practices that are already built into Oracle's PeopleSoft Enterprise applications."

About Jammu and Kashmir Bank

Jammu and Kashmir Bank Limited was incorporated on 1st October, 1938 and commenced its business from 4th July, 1939 at in Kashmir (India). The Bank was the first in the country as a State owned bank.

According to the extended Central laws of the state, Jammu & Kashmir Bank was defined as a govt. Company as per the provision of Indian companies act 1956. In the year 1971, the Bank received the status of scheduled bank. It was declared as "A" Class Bank by RBI in 1976. Today the bank has more than 500 branches across the country and has recently become a billion Dollar Company.

About Wipro Infotech
Wipro Infotech, a division of the US$5 billion Wipro Limited, provides enterprise customers with high value Information Technology Products, Software Services, Solutions and Consulting Services in India and the Middle East. Headquartered at Bangalore, Wipro Infotech serves customers in India through a network of 22 offices and 170 service locations across the country. It also has regional offices across the Middle East serving the region.

About Wipro Limited
Wipro Limited provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. Wipro's ADSs are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange. For more information, please visit our websites at www.wipro.com, www.wiprocorporate.com , and www.wipro.in

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