Tuesday, Apr 1 2025 | Time 23:47 Hrs(IST)
Business Economy


Bandhan Bank collaborates with Salesforce to drive digital transformation

Kolkata, Mar 20 (UNI) Salesforce on Thursday announced its partnership with Bandhan Bank to revolutionize its loan origination systems (LOS) and deliver a seamless, digital-first experience for customers.
This strategic collaboration marks a significant milestone in the bank’s technology-driven transformation journey, aiming to provide accessible, efficient, and technology-driven financial solutions to customers across India. The private lender has over 6,300 outlets across 35 states and union territories.
Bandhan Bank has consolidated multiple loan origination systems (LOS) into best-in-class AI-driven platforms powered by Salesforce, creating an efficient and intelligent lending experience.
Following its Core Banking System transition in October 2023, the bank has accelerated its digital transformation journey, enhancing product innovation and operational excellence to deliver faster, more efficient, and customer-centric financial services.
With Salesforce's Lightning Platform which is used for Housing Finance LOS and Sales Cloud for commercial loans, Bandhan Bank has streamlined the entire loan lifecycle- from customer onboarding and credit evaluation to approval, disbursal, and servicing.
"Banking is undergoing a seismic shift—becoming more intelligent, automated, and deeply customer-centric.
Bandhan Bank’s technology-driven transformation is a testament to the power of AI-driven technology in redefining speed, agility, and trust in financial services. This collaboration brings together Bandhan Bank’s bold vision to create a smarter, more connected, and data-driven lending ecosystem—one that enhances operational excellence while setting new benchmarks for customer experience in the industry." President and CEO Salesforce, South Asia, Arundhati Bhattacharya said.
" We are committed to leveraging technology to create a streamlined and efficient banking experience. Through our partnership with Salesforce, we are building a scalable, AI-powered digital platform that enhances speed, agility, and operational excellence. By consolidating multiple LOS into best-in-class systems, we are optimizing decision-making, accelerating loan approvals, and ensuring a seamless experience for our customers and employees.” Bandhan Bank's Executive Director and CEO Ratan Kumar Kesh said.
UNI PC BD
More News

CII Western Region geared to lead India’s growth story: chairman

01 Apr 2025 | 8:10 PM

Chhatrapati Sambhajinagar, Apr 1 (UNI) The Western Region has the potential in helping India achieve its ambitious goal of becoming a 35 trillion dollars economy by 2047, emphasised Rishi Kumar Bagla, chairman of the Confederation of Indian Industry (CII) Western Region.

see more..

Ammann India expands operation with new state-of-the-art manufacturing facility in Gujarat

01 Apr 2025 | 7:55 PM

Kolkata, Apr 1 (UNI) Ammann, a global leader in road construction equipment, has announced the inauguration of its latest state-of-the-art manufacturing facility dedicated to the production of track pavers.

see more..
Sensex plunges by 1,390 41 pts amidst jittery sentiment

Sensex plunges by 1,390 41 pts amidst jittery sentiment

01 Apr 2025 | 7:36 PM

Mumbai, Apr 1 (UNI) The BSE Sensex on Tuesday slumped by 1,390.41 points to end negative at 76,024.51 amidst uncertainty about implementation of tariffs by the Trump administration on Wednesday.

see more..

Bajel Projects commissions two key 400kV Transmission lines

01 Apr 2025 | 7:12 PM

New Delhi, Apr 1 (UNI) Power infrastructure major Bajel Projects Limited, a Bajaj Group company, on Tuesday said it has successfully commissioned two significant 400kV transmission line projects including Raipur Pool – Dhamtari (CKT-I & CKT-II) and Navsari – Magarwada (CKT-I & CKT-II).

see more..

Antithesis raises Rs 50 million pre-seed funding; to expand market presence

01 Apr 2025 | 7:11 PM

New Delhi, Apr 1 (UNI) Beauty and personal care company Antithesis on Tuesday said it has raised Rs 50 million in a pre-seed funding round led by Rukam Capital and V3 Ventures.

see more..