Software used by Different Banks in India
Software used by Different Banks in India
There are a lot of Public Sector, Private Sector and foreign banks in India. These banks use different software packages for core banking. Here in this article, we have mentioned the most popular banking software packages used in India.
Finacle:
Finacle is a very popular core banking software package which is designed by Infosys. Here is a list of Indian Banks that use Finacle Software Packages.
1. Andhra Bank
2. Axis Bank
3. Bank of Baroda
4. Bank of India
5. Corporation Bank
6. Dena Bank
7. Federal Bank
8. ICICI Bank
9. IDBI Bank
10. Indian Overseas Bank
11. India Post Payments Bank
12. IndusInd Bank
13. Karnataka Bank
14. Kotak Mahindra Bank
15. Oriental Bank of Commerce
16. Punjab & Sind Bank
17. Punjab National Bank
18. RBL Bank
19. South Indian Bank
20. UCO Bank
21. United Bank of India
22. Union Bank of India
23. Vijaya Bank
BaNCS:
This core banking solution is designed by Tata Consultancy Services. This is a very popular core banking platform across the world. BaNCS is used by over 280 institutions in more than 80 countries. Here is a list of banks that use BaNCS Software Packages.
1. State Bank of India & its six Associate Banks(Now only SBI)
2. Allahabad Bank
3. Bank of Maharastra
4. Central Bank of India
5. Indian Bank
6. IDFC Bank
Flexcube:
Flexcube is designed by Oracle Corporation. This software package is used by some of the reputed Banks of the world like City Bank. Here is the list of Indian banks that use Flexcube Software Packages.
1. Canara Bank
2. Karur Vysya Bank
3. Lakshmi Vilash Bank
4. Syndicate Bank
5. Yes Bank
6. HDFC Bank