Finacle, banking product unit of Infosys, is banking on financial inclusion and adoption of core banking solution by regional rural banks as big growth driver to draw more revenues from domestic......
The CBI has registered an FIR against an officer of Punjab National Bank (PNB), now suspended, for allegedly cheating the state-run lender to the tune of Rs 168.59 crore through 34 fake bank......
Finacle, the core banking software product from Infosys, has been positioned in the leader Quadrant in the recently released 'Magic Quadrant for International Retail Core Banking 2006' report.......
In a change of strategy, the State Bank of India (SBI) is planning to acquire small stakes in Asian and African banks, investing around $10 to $15 million in each case, instead of buying out banks.......
State Bank of India has selected Finacle Universal Banking, the core banking solution of Infosys Technologies, to power its international operations, under a $35 million contract, and the......