Excelsior Correspondent
NEW DELHI, May 1: Bharuwa Solutions Pvt Ltd (BSPL), the technology arm of Patanjali Group announced its strategic foray into Indian banking sector with the launch of an AI-powered, Multilingual (Bilingual) 360° Banking ERP System.
This next-generation platform is designed to revolutionize digital banking by empowering regional, cooperative and small financial institutions with intelligent, inclusive and compliant technology.
Bharuwa’s cutting-edge CBS platform (B-Banking) is purpose-built to address four critical challenges that have long hindered innovation and inclusivity in India’s banking ecosystem.
These are—language inclusivity where BSPL’s bilingual solution allows banks to serve customers in both English and their local language; enhanced security—this platform incorporates state-of-the-art AI and cyber-security protocols to provide comprehensive protection for data, transactions and digital interactions; process efficiency—designed for end-to-end banking transformation for seamless operations and compliance and regulatory compliance, which ensures compliance with Government mandates for bilingual software across financial institutions.
Acharya Balkrishna, Founder & Managing Director of Patanjali Group, expressed commitment to technological inclusion.
He said: “Bharat is a nation of many languages, yet our banking infrastructure predominantly operates in English—alienating the majority. Bharuwa Solutions is launching a transformative product that is technologically superior, functionally comprehensive and linguistically inclusive.”
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