Nucleus Software wins order from Dhanlaxmi Bank

Nucleus Software Exports Ltd said it won an order from a private sector lender Dhanlaxmi Bank for the implementation of its FinnOne products across the bank's branches. No financial details were provided.

The company will implement FinnOne products across the 271 branches of the bank to power its retail lending business, Nucleus Software said in a regulatory filing.

FinnOne will enable the bank in managing its loan application process and servicing its retail customers more efficiently, the filing added.

On Tuesday, Nucleus Software Exports shares ended 3.6% up to Rs131 on the Bombay Stock Exchange, while the Sensex closed 0.4% down to 18,219 points.

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COMMENTS

TARUN DAS

6 years ago

The company did not disclose any financial details of the transaction" -WHAT IS THE PURPOSE OF THIS PRESS RELEASE TO GIVE PUBLICITY TO DHAN LAXMI BANK WHICH IS THE SMALLEST BANK IN INDIA WITH DECLINING PROFITABILITY ?
ALREADY THERE ARE COMPLAINTS THAT THE BANK IS MANIPULATING VALUE OF ITS SHARES .AND ALSO BRIBING THE MEDIA TO GET MORE PUBLICITY FOR ITS ANNOUNCEMENTS -PLAN SETTING , NOT ACIEVING !-THAN THE TOP PERFORMING BIG BANKS !!

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