Mumbai, April 7 -- The project aims to modernize and integrate the bank's core financial and operational processes.

The scope of work includes standardizing and automating business operations, ensuring a single source of truth for organizational data, strengthening decision-making with real-time reporting and analytics, adhering to statutory and regulatory requirements, and supporting future growth through a scalable and flexible system architecture. The project also involves knowledge transfer and capacity building for post-implementation management.

The contract has been awarded to a domestic entity and is scheduled to be executed over a five-year period. Dynacons added that neither the promoter nor promoter group has any interest in ...