Archive · 6 Aug 2025
Punjab Upgrades Cooperative Banks to Finacle 10
Punjab has upgraded its cooperative banks to a new digital system called Finacle 10.
This is a big step for rural banking.
The SAS Nagar and Ropar banks were the first to make the change.
The goal is to make banking faster, safer, and easier for customers.
Leaders like Chief Minister Bhagwant Singh Mann and Alok Shekhar helped make it happen.
The new system will provide better services and improve cybersecurity.
This change aims to meet the needs of customers, especially in rural areas.
Punjab upgraded cooperative banks to Finacle 10 core banking system.
SAS Nagar and Ropar Central Cooperative Banks completed the upgrade.
The upgrade aims to modernize banking and offer better services.
Financial Commissioner Cooperation Alok Shekhar supported the initiative.
Finacle 10 should improve customer service and cybersecurity.
- Who
- SAS Nagar and Ropar Central Cooperative Banks, under the leadership of Chief Minister Bhagwant Singh Mann and Financial Commissioner Cooperation, Alok Shekhar.
- What
- Punjab's cooperative banks upgraded to Finacle 10 core banking system.
- When
- Information not provided.
- Where
- Punjab, India
- Why
- To modernize banking, provide faster and more secure services, and improve customer experience.
- State
- Punjab
- Banks Involved
- SAS Nagar, Ropar Central Cooperative Banks
- Core Banking System
- Finacle 10
- Initiated By
- NABARD
- Key Goal
- Modernizing banking