Launch of Latest Banking Finacle CBS Platform | 16 Feb 2022

Why in News?

• Recently, Dinesh Pant, Managing Director and Chief Executive Officer of Nainital Bank of Uttarakhand, duly inaugurated the bank's upgraded CBS platform 'Finacle 10'.

Key Points

• Nainital Bank has upgraded the erstwhile CBS platform and started offering its customers facilities on the latest CBS platform 'Finacle' with a view to provide significant quality in facilities to its customers.
• This entire project was conceived by the current Managing Director and Chief Executive Officer of the bank, Dinesh Pant, while starting his tenure in the bank.
• This software is available with only a few banks, so the bank's data facilities will benefit immensely, common customers will also get facilities from it.
• Customers will now be able to access modern conveniences through multiple digital products. At the same time, Finacle will also be extremely secure in the platform.