In 2008 and 2009, several small Regional Rural Banks (RRBs) were amalgamated into a single, stronger RRB named Maharashtra Gramin Bank, operating in 16 districts across Maharashtra. The Maharashtra Gramin Bank took upon the task of improving the quality of banking services provided to its customers across all of its constituent banks. However, Maharashtra Gramin Bank lacked the financial resources to embark upon a comprehensive technology build-out in the face of daunting implementation challenges.
Maharashtra Gramin Bank needed to gain access to powerful core banking technology without committing to high, multi-year capital expenditures on IT infrastructure. Read how cloud based C-Edge platform powered by TCS BaNCS enabled better rural banking services to Maharashtra Gramin Bank.