VSoft's Blog

Check out our latest blog posts for insight into industry trends and other highlights.

Subscribe to our blog to receive email notifications.

NABARD Lauds OSCB for Successful Implementation of VSoft’s Core Banking Solution

Hyderabad, 15 July, 2014: VSoft Technologies, a global provider of next-generation banking business services for financial institutions with operations in USA and India, is pleased to announce that the National Bank for Agriculture and Rural Development (NABARD) has lauded the efforts of the Odisha State Cooperative Bank (OSCB), VSoft’s customer, for having successfully implemented the Core Banking Solution (CBS) of OSCB and DCCBs.

According to a news report published by Tathya.in, a Bhubaneshwar based news agency, Mr. S K Kale, Chief General Manager, NABARD, Odisha Regional Office in his communication to Bishnupada Sethi, Commissioner-cum-Secretary, Cooperation and Management-in-charge of OSCB acclaimed the efforts of OSCB to migrate to the CBS platform and establishment of a State of The Art Core Banking Data Centre in its Head Office premises with futuristic vision.

OSCB chose VSoft Technologies as its partner for execution of the project on a turnkey basis. VSoft Technologies, working in close conjunction with its partners and the bank, built the Data Center and installed its comprehensive, web-based core processing solution, SuVikas for the bank.

Expressing happiness over NABARD’s praise, Murthy Veeraghanta, Chairman and CEO, VSoft Technologies said, “This is a significant milestone for OSCB. I congratulate the bank in achieving this recognition. We at VSoft thank OSCB for providing an opportunity to partner with the bank in such a mission-critical and path-breaking project. We hope to continue helping financial institutions such as OSCB in providing next-generation banking business services.”

Fore more information on the story, please click here.

This entry was posted in Uncategorized. Bookmark the permalink. Both comments and trackbacks are currently closed.