Nucleus Software bags order from Dhanlaxmi Bank

Nucleus Software Exports Limited announced a major order win from Dhanlaxmi Bank.

Nucleus Software Exports Limited announced a major order win from Dhanlaxmi Bank,one of the fastest growing mid-size private sector banks in India.

Nucleus will implement its award winning FinnOne suite of products across the Banks 271 branches to power its retail lending business.

The new order win will help Nucleus to further strengthen and consolidate its position in the domestic market,while the implementation of FinnOne will facilitate Dhanlaxmi Bank to set-up a state-of-the-art platform for its retail lending business.

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FinnOne will enable Dhanlaxmi Bank to efficiently manage all the stages of loan application process,right from defining products and entering applicant details to verifying,approving and disbursing loan,and from maintaining repayment details to loan closure. The core lending platform will help the Bank to service its retail customers more efficiently and enhance productivity.

Muralidharan R,President,Information Technology & Operations,Dhanlaxmi Bank said: Retail lending will be the focus this year for the Bank and considering the high volume of loan transactions in retail assets business,the Bank required a robust end to end solution that facilitates quick turnaround time.

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