Prutec will lead the digital change of Bihar State Cooperative Bank Limited
Bihar State Cooperative Bank Limited (BSCB) has an important step towards modernization of its banking operations, and has entrusted the responsibility to promote its digital change to Prutech solutions. This large -scale initiative will include advanced techniques, including generative AI in the core banking system to increase operational efficiency and provide a spontaneous, customer -oriented banking experience in BSCB and its branches. The bank is currently trading through 13 branches and 23 District Central Cooperative Banks (DCCB). The project will be implemented in all BSCB branches and 23 DCCB. With a project price of more than Rs 190 crore, this initiative is one of the most important technology investments in the cooperative banking sector. The project will include a centralized technology infrastructure, which will ensure more transparency, efficiency and access to Bihar’s broad bank network. By applying a suit of advanced digital solutions, it will redefine the way to distribute the Praltech banking, ensuring greater efficiency, security and customer focus. To ensure a comprehensive group of banking solutions to ensure an overall change, Pruetch deploys a next generation bank ecosystem that will result in revolutionary changes in the daily operation of BSCB. At the heart of this project is the core banking system, a scalable platform that enables real -time transactions in all branches, centralized financial management and banking from uninterrupted end to end to end. Not only will this system improve the velocity and accuracy of transactions, but it will also allow integrated banking operations, ensuring an uninterrupted experience for clients. To strengthen the regulatory compliance and safety, Prutich is working to integrate an anti-mani washing solution, actively tracking fraud activities and ensuring national and international financial regulations. By taking advantage of advanced equipment for evaluating risks, this solution will protect BSCB from financial offenses, strengthening confidence and transparency in its banking operations. Share this story -tags