Banking & Financials

BFSI IT services market in India is expected to grow from $1.6 billion in 2009 to $2.7 billion in 2013

BFSI has been one of the primary focuses for XRG given the fact that BFSI is the pioneer in IT adoption and one of the stable and growing industries across the world.

Apart from Large global PSU and private Bankers, countries such as India has seen many small and medium firms flourishing in this industry. There are quite a few NBF companies (non-banking financial services companies) established in India along with huge number of Micro Finance / Insurance Companies.

We at XRG, understand and appreciate the change in the banking industry, and have proactively invested in creating banking solutions that help banks create new business opportunities, tap the existing ones more efficiently and address the new challenges on the horizon

While XRG's technology expertise has proven its worth in all our engagements, our banking team is poised to make the difference through its business technology banking solutions in the following segments of BFSI segment and with a primary focus on the SME in India

Retail and Corporate Banking:

Deposits, Wholesale Banking, Risk and Compliance

Lending:

Auto Finance, Personal and Asset finance, Small Business credit, Students Loan, Dealer Finance and Lease

Mortgages:

Home equity, Refinance, Reverse Mortgages, Commercial Real Estate

XRG has developed and implemented products and customized solutions using its 'Core Banking Framework Solution' for its clients in the sectors of

• Gold Loan
• Hire Purchase
• Micro Finance