SOFTWARE USED BY BANKS IN INDIA

In India, there is mainly three core banking software used by public sector banks

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1) Flexcube 2) BaNCS 3) Finacle

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Flexcube This software designed by Oracle. Flexcube software used in this public sector bank Canara Bank

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BaNCS This software designed by TCS. This software used by these banks Bank of Maharashtra Central Bank of India Indian Bank State Bank of India

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Finacle This software designed by Infosys. This software used by Bank of Baroda Bank of India Punjab National Bank Punjab and Sind Bank Indian Overseas Bank UCO Bank Union Bank of India

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Finacle software used by 7 Banks

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BaNCS software used by 4 Banks .

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Flexcube software used by 1 Bank

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Other private sector banks use this software

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Flexcube software used by Karur Vysya Bank Lakshmi Vilas Bank Yes Bank HDFC Bank

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Finacle software used by Axis Bank Federal Bank ICICI Bank IDBI Bank India Post Payments Bank IndusInd Bank Karnataka Bank Kotak Mahindra Bank RBL Bank

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BaNCS software used by IDFC Bank

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