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Finacle Core Banking

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  • Business

Infy arm relies on core banking solution

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......

Another Nirav Modi-style fraud at PNB; bank cheated of Rs 169 crore

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......

Gartner slots Infy's Finacle as leader

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.......

SBI may buy stakes in Asian, African banks

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.......

SBI to deploy Infosys' Finacle

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......

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