Scribd
Upload
47 views2 pages

Nelito RBL Bank FEBA CBS Case Study

Nothing

Uploaded by

Zabi Khan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
47 views2 pages

Nelito RBL Bank FEBA CBS Case Study

Nothing

Uploaded by

Zabi Khan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

Case Study | RBL - Ratnakar Bank Limited implements Finacle e-Banking Solution

Ratnakar Bank Limited (RBL) is a scheduled commercial bank, headquartered in the Mumbai region of
Maharashtra, India. Founded in August 1943, the bank has a gross business size of around ₹0.64 million
Cr.
The Bank offers specialized services under six business verticals namely:
 Corporate & Institutional Banking
 Commercial Banking
 Branch & Business Banking
 Agri Business Banking
 Development Banking and Financial Inclusion
 Treasury and Financial Markets Operations

RBL Bank is one of India’s fastest growing private sector banks with an expanding presence across the
country. The bank has a network of 268 Branches, 213 Banking Outlets and 382 ATMs spread across
20 Indian states and Union Territories.

Key facts RBL Bank seleted EdgeVerve Finacle e-Banking


Application, to the Implementation of Finacle
 Bank: RBL/Ratnakar Bank Limited
Consumer and Corporate ebanking applications
 Headquarters: Mumbai, Maharashtra, India
 Company Strength: 4902
and data migration. The initiative was taken
 Total Assets: ₹48,674.77 crore(US$6.8 billion) (2017) both from Nelito Systems and EdgeVerve to take
 Supplier: EdgeVerve Limited Bank from their legacy system to Finacle e-
 Implemented: Nelito Systems Limited Banking Application in order to serve the
 Solution implemented: Finacle e-Banking Solution customer needs in a fast and most effective way.

Nelito Systems Ltd. is an Indian financial


technology company, that provides software technology solutions and services for Banking, Financial
Services, Micro-Finance and Government verticals globally. Formed in the year 1995, Nelito has over
400+ Banking Clients and 25+ Microfinance and Non-Banking Finance Clients in 19 countries across 4
continents.
RBL Bank approached EdgeVerve with a set of requirements. Some of the key ones were:

 Robust and scalable E-Banking Solution which could support Consumer & Corporate users of the
bank
 Data Migration from legacy system to Finacle consumer & Corporate e-banking solution
 Customization of various functionalities

Some of the implementation highlights were;

 Customized BillDesk, Term Deposit, Credit Card, Mutual Fund and User On boarding
 Resolved issue within TAT
 Hand holding support has provided for better customer service

RBL Bank achieved following benefits with Nelito’s Implementation;

 Better Services:
o Improvement in customer service
o Services to customer are faster
o Anytime anywhere banking through multiple channels
 Business Development:
o Opening up of new opportunities to bring in new business
o Faster on-boarding of customers

www.nelito.com @Nelito Systems Ltd. 2019 marketing@nelito.com

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy