We are confident that the functionally rich and technologically advanced platform will support our growth aspiration and provide a world-class banking experience for our customersвЂќ With its growing deployment base in Nepal, Finacle is a proven solution for our needs. To power our mission and our growth strategy in the coming years, in an increasingly competitive environment, we felt the need for a modern platform to provide differentiated solutions and ultimately enhance the customer experience. With their in-depth understanding of local banking practices and experience in implementing Finacle, they supported an efficient and accelerated delivery.ДЄshok Sherchan, Chief Executive Officer, Prabhu Bank, said, вЂњAt Prabhu Bank, we keep our customers at the center of all that we do. With an open solution, the bank is well placed to accelerate ecosystem-innovation strategies to deliver differentiated offerings to its customersД¬AS Total Solutions, an Infosys Finacle business partner, played an integral part in implementing the solution stack at Prabhu Bank.

Digitization and automation across processes will help lower costs of servicing and improve quality of experience Ease of business process orchestration has ensured more control and significant improvement in productivity across front-to-back office operations.It also has the advantage of embedded analytics to gain deep insights and customize offerings, throughout the customer journey The bank can now offer tailored products to its customers based on a unified customer view and embedded insights, in real time, across channels.

Since implementation, Prabhu Bank Limited has on-boarded more than 1.4 million accounts on the new platform

New customers onboarding and opening new accounts, complete with all features enabled, will now be possible in just 15 minutes.

Prabhu Bank is now well positioned to scale its retail and corporate operations and provide customers a digital experience, with an enriched product and services portfolio. Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY) and Prabhu Bank Limited, a leading banking and financial services group in Nepal, today announced the successful implementation of the Finacle Core Banking Solution.

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