Cooperative Banks in Punjab upgrade to Finacle 10
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Co-operative Banks in India have finally upgraded to Finacle 10. The Punjab Government has helped the banks in upgrading the software to Finacle 10.
Mohali Central Cooperative Bank and Ropar Central Cooperative Bank have successfully upgraded their Core Banking Solution (CBS) from Finacle 7 to Finacle 10.
This upgrade, carried out with the support of NABARD (National Bank for Agriculture and Rural Development), marks a major achievement for the state of Punjab, which has now become the first state in India to both initiate and complete this level of digital transformation within its cooperative banking system.
Finacle 10 is the latest banking software developed by Infosys and is used by major banks in India like Punjab National Bank, Bank of Baroda.
