Stock Report

Aurionpro wins order from one of the largest public sector Bank in India



Posted On : 2021-02-13 11:04:18( TIMEZONE : IST )

Aurionpro wins order from one of the largest public sector Bank in India

Aurionpro Solutions Ltd (NSE: AURIONPRO) (BSE: 532668) today announced that one of the largest public sector banks in India has selected iCashpro+ for their Financial Supply chain requirement. Financial Supply Chain Management is one of the areas that the bank is extremely keen to offer to their corporate customers in the immediate future. It ensures that their customer feel the differentiation by offering technology enabled Seller/ Buyer financing products to meet their working capital needs via cost effective financing products.

iCashpro+ financial supply chain management solution (FSCM) which is a web-based solution for Bank's corporate customers, and their vendors and dealers offering an End-To-End Supply Chain Solution with Channel Financing, enabling shorter Time-To-Market.

Aurionpro Solutions Ltd proposed a comprehensive integrated solution to allow the bank to optimize the working capital and realizing significant savings through seamless integration with the bank's existing core banking solution.

Commenting on to this win Poonam Puthran, Vice President, Delivery Head - Transaction Banking, said: "One of the largest PSU Bank selecting iCashpro+ FSCM solution is yet another testimony of our rich expertise and experience in the Transaction Banking solution space. iCashpro+ which is a core banking agnostic solution that will allow the bank to offer just-in-time financing to its customers through contemporary financing techniques. It is a prestigious moment for us to being a partner to transform Financial Suppl Chain automation of the bank."

Shares of AURIONPRO SOLUTIONS LTD. was last trading in BSE at Rs.81.05 as compared to the previous close of Rs. 79.7. The total number of shares traded during the day was 7202 in over 190 trades.

The stock hit an intraday high of Rs. 85.1 and intraday low of 77.2. The net turnover during the day was Rs. 583276.

Source : Equity Bulls

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