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Cranes gets microfinance project from L&T Finance
Ravi Menon / Chennai/ Bangalore March 19, 2009, 0:42 IST

Statistical analysis and simulation products developer Cranes Software International Ltd. has signed an agreement with L&T Finance Ltd, the financial arm of Larsen & Toubro, to implement a microfinance lending solution.

 
 
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A Cranes Software spokesperson did not disclose the financial terms of the agreement, but said that the solution would be implemented over the next three months across 20 branches of L&T Finance. “We will implement the Bankers’ Realm (BR.net) solution for L&T Finance and provide requisite support under a multi-user license,” said the spokesperson.

L&T Finance will look at a larger scale rollout once the Web-based solution meets its initial scalability requirements and works seamlessly with its existing systems. There is scope to extend the ambit of the product to 100 branches of L&T Finance, though the agreement does not cover the same currently.

BR.net is a Web-based comprehensive banking solution specifically catering to the needs of non-banking financial companies (NBFCs) and microfinance institutions (MFIs).

“MFIs, in particular, have faced issues in processing the large number of micro-credit issuals, which often lead to clogging of the core banking systems. A Web-based microfinance solution can help support these processes, increase productivity and boost the efficiency of the system as a whole,” the spokesperson said.

The company, which has a global base of over 350,000 users, has been implementing BR.net in India by partnering with Nairobi, Kenya-based Craft Silicon. Both companies have implemented BR.net in MFIs like the Chennai-based Equitas Microfinance, Kolar-based Rores Foundation, Coimbatore-based Indian Association of Savings and Credit, and Lucknow-based Nirman Bharati.

Cranes Software offers a range of proprietary products including SYSTAT, SigmaPlot, SigmaStat, SigmaScan, TableCurve 2D, TableCurve 3D, PeakFit, NISA, Survey ASYST and Cubeware Cockpit. The company has alliances with Microsoft, BusinessObjects, BEA, Borland, Wipro and Craft Silicon, among others.

Cranes successfully completed the acquisition of German business intelligence software company Cubeware last year. Sales in the third quarter ended December 31, 2008 were at Rs 110 crore.

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   Discussion Board / User Comments    
Display Name  Email-Id  
Post your comment
Khokan(W.B.)
Sir, I am Khokan Mazumder from West Bengal. I warking at two microfinance company AROHAN and UJJIVAN. Experiance in 2007.18th Aug to now cotinew(2year 4 manth). I want to joine in your L&T company. I am looking for challenging job in the Great world of your company to grow my self. pls contact my mobile no 9007090620 / 9233655289
Reply
Himanshu
Respected sir i am working in a leading MFI and i have 2.3 years experiance as a Unit Manager and i am very much interested to join L & T microfinance, so please contact me.thank you sir
Reply
AJAYSINGH
dear sir, currently i am working with a NGO (Action for social advancement ASA) as a Accountant cum Executive in Micro Finance Institution having Exp of 5.6 years pls contact my mobile no 9406540877
Reply
ramakrishna
sir iam working five years in payakaraopeta macs ltd. as on worked in system operator and operating systems. now i intrested in L&T company in operating systems. pls contact my moblie no 9395397564. thanking u sir..
Reply
ramakrishna
sir iam working five years in payakaraopeta macs ltd. as on worked in system operator and operating systems. now i intrested in L&T company in operating systems. pls contact my moblie no 9593397564. thanking u sir..
Reply
Anirudha
Dear sir/madam, Iam Anirudha Behera working as BM of Adhikar micro finance from 5yaers, I want to join in your L&T company,Iam looking for a challenging job in the great world of your company to grow myself.my contact no is-09338465742
Reply
  Reply by Anirudha:
Deat sir,Iam Anirudha Behera working as a BM of Adhikar MFI from 5 yaers,Iam looking for a challenging job in the great world of your company to grow myself.
swapnil
Hi I am swapnil shinde working in Swadhaar Micro finance pvt Ltd. co. as a loan officer and I highly wanted to be a part of your L&T Micro finance.I give a assurance I will try my level best to reach on top of every Micro finance . My number is 9224200511.
Reply
jagadish
jagadish pr samantaray working two year Branch manager in SKS Microfinance i am interested to join L&T Microfinance and to perform my skills in achieving the company's goal.Please reply on 99388888897
Reply
prafulkumarparida
Dear sir/mam?im prafulkumar parida.i have completed BSC, math hons .and my techinical skill is, post graduate diploma in computer application (PGDCA),tally financial accounting program.(TFAP)under tally academy bangalore.now im working in transport corporation of india ltd.at aurangabad (MH)post of supervisior accounts.im fully experinced person .so plz give me oppurtunity in ur organisation post of acc,finance.my mail id-dr.praful_kumar@rediffmail.com and mob no- 09049623395
Reply
Raghavendra
Dear Sir/Mam I am Raghavendra CH, I completed MBA(finance). I am basically from a rural background, so i am very keen to work in L&T Micro Finance.
Reply
kishan
good morning sir this is kishan iam completed B.A i intrested work in L&T MICROFINANCE iam very hadwork person iam worcking in regionelmanager in leading and largest compeny spandana spoohrty microfinanace since 2005 iam fully experinced person in microfinanace please give me a oppurtunity This is my mail id kishan.kavya143@gmail.com
Reply
Shiva
Dear Sir/Mam? I'm R. Shiva Kumar;I have done MBA(Finance)Fresher.Now I'm looking for good opportunity in your esteemed organization. I have interested in L&T Micro finance.if it is there any openings please inform me. E-mail id: Shivamba_r@yahoo.in Mobile: +919966615334
Reply
ajim
Good evening sir,I am ajim shaikh completed B.A and working in of the Heydrabad company Asmitha Microfin Limited as a post of F.C.A.I am interested to join L&T microfinance.Please note my cell no-9614115101 and my mail no dilruba.ajim2009@gmail.com
Reply
munna
good morning sir this is munna naik s iam completed M.B.A i intrested work in L&T MICROFINANCE iam very hadwork person this is my mobil no:9701030789,9440281587
Reply
dipak
Dear sir am dipak bairagya working in one of the leading Microfinance company in india sks microfinance ltd as a post of Branch manager.My Expr,s last three yaer. I am highly interested to join L&T microfinance. pls note my cell no- 09333780432
Reply
  Reply by dipak:
Dear sir I am dipak bairagya working in one of the leading Microfinance company in india sks microfinance ltd as a post of Branch manager.My Expr,s last three yaer. I am highly interested to join L&T microfinance. pls note my cell no- 09333780432
  Reply by dipak:
dipak bairagya working three year Branch manager in SKS Microfinance i am interested to join L&T Microfinance and to perform my skills in achieving the company's goal.Please reply on 09333780432 Email id-- dbairagya@in.com
SachinThareja
Dear sir I am working in one of the reputed micro finance company in india as a post of Field Executive since July 2008. I am highly Interested to join L&T Micro Finance. My cell No 9179270550.
Reply
Duryodhan
I hope that if any of the problame will arise i face it strong.
Reply
Avinash
hi i am Avinash Waman working with yesbank (yes sampann microfiance) i want to join L&T FINANACE.please reply on 9004063932.
Reply
M.HANUMESHBABU
HANUMESH Respected sir iam having 4 years of field experience working with self helf groups in andra pradesh.and development sector so iam intresting in joining L&T microfinanace pls call me 9397698141 ,9676454879
Reply
Chandra
Respected Sir, this is chandra bhushan working in Basix (BSFL)as a Field Executive, Hoshangabad.Iam highly Intrested to joining L&T Micro Finance. Pls call My cell No 9617212188 & 9584008315
Reply
Maheswar
respected sir, i am maheswar form orissa, i have 1 year experiance field officer in spandana sphoorty financial ltd.now i have intrested to join ur organisation. my cell no-9040066483
Reply
sandeep
With Respect I am sandipta form west bengal. wish to join your organisation and proof my ability as per your requirment, my profile at present I working in a Leading MFI of india as a chife of 6 branches for last 2 years before that work as Market executive in Finance sector for 3 years. also work as a verification officer for one and half year. I have sound knowledg in accounting with management. Now i am interested in Your organisation (L&T Microfinance) so send information in my mail id.
Reply
Narasimhareddy
Dear sir this is NN Reddy I am working in micro finance compani in india as a post of senier co-ordinater.Iam highly Intrested to joining L&T Micro Finance. Pls call My cell No 9448118949
Reply
muthu
Dear sir am Muthu working in one of the leading Finance Company in india Famil Credit Ltd as a post of Account Officer. I am highly interested to join L&T microfinance. pls note my cell no- 09944971774.
Reply
Manishkumar
Dear sir, I am working in Ujjivan Financial Services Pvt. Ltd. as a Branch Manager. I want to join your Organization where I could able to use my expertise for the growth of company. Please Give me chance to prove myself in your organization. My Cell No:- 09334349193, 09470303446. Thanking You!
Reply
samirchakraborty
Dear sir I am Samir Chakraborty, working in leading Microfinance Company of India SKS MFL in West Bengal as Internal Audit Associate after working 3 year as Accounts Associate in RDB Industries Ltd .Handle different Audit Project in All department of SKS Microfinance (HR, ADMIN, IT, Accounts, Member Service, and Recently Handling Retail Insurance Audit Project) I Working on Risk factor in Branch Laval which is relating with all department. Thanks Samir Chakraborty Cont-09836665654 E-mail-samirk_mba@yahoo.com, samir_chk@rediffmail,com
Reply
nagesh
hi , I am Nagesh Bajpai. I am MBA Person. I am Working With SKS Microfinance as a Unit Manager. I am highly interested in this organization.
Reply
GOPALBISWAS
Dear sir am Gopal working in one of the leading Microfinance company in india sks microfinance ltd as a post of Unit manager. I am highly interested to join L&T microfinance. pls note my cell no- 09903731642.
Reply
devda
Hi, Raj kumar devda working four year Unit manager in SKS Microfinance i am interested to join L&T Microfinance and to perform my skills in achieving the company's goal.Please reply on 09329065104
Reply
  Reply by Rajkumar:
Raj kumar devda working four year Unit manager in SKS Microfinance i am interested to join L&T Microfinance and to perform my skills in achieving the company's goal.Please reply on 09329065104 Email devdarajkumar@yahoo.com
Manohar
Hi, i am Manohar kumar Mahato working two year fieid executive in SKS Microfinance i am interested to join L&T Microfinance and to perform my skills in achieving the company's goal.Plz reply on 09334218325.
Reply
Purusottam
Dear sir I am Purusottam, working in leading microfinance company of India (*No-1)SKS MFL in Bihar as Process training Executive after working one year as Unit manager in Orissa & One year as Branch managre in Sambalpur orissa.Also working in Three state Orissa Bihar & Up as process trainer.Handle different product both department(sales & training). Thanks Purusottam Cont-09204132815 E-mail-purusottam.p@gmail.com
Reply
Manoj
Dear sir I am working as a Accounts Executive in Micro Finance Sector,NOw I am interested to join L&T Finance so reply me as soon
Reply
chandrashekar
hi sir, i am chandra shaker i worked with HDFC BANK LTD as a teamleader for the period of(november2007-august2009).i would like to work with micro finance seator which gives chance to intaract with rural area people.i am very happy by knowing L&T entered in to micro finance sector,which have a large brand image in market.so if any career opening in your organization please inform me. Thanking you sir.
Reply
RAGHU
dear sir i m worked in rural developement bank. i m interesting in L&T micro finance. so reply to on my mail
Reply
Sanjay
Dear Sir I am working in microfinance institution as Branch Manager in distribution dept. Right now I am seeking a job in credit or ops dept of a microfinance. I hope i may get any job in ur Institution.
Reply
Ramesh
Dear Sir Right now I am working in microfinance institution as Branch Manager in distribution dept. Right now I am seeking a job in credit or ops dept of a microfinance. I hope i may get any job in ur Institution.
Reply
  Reply by Duryodhan:
I hope that if any of the problaim will arise,i face it in strongly.
shiva
i am a bca student.....is ther any job?
Reply
vishal
hi i am vishal waghmare working with yesbank (yes sampann microfiance) i want to join L T FINANACE i work as collection officer cash handaling please reply on 9004143006
Reply
Ranjan
hi,i am rasmiranjan swain working as an joint executive officer in awareness india (microfinance organisation) I am intrested to join L&T microfinance and to preform my skill in achiving the company'sgoal.piz reply on 09437959072
Reply
dilip
hi, i am dilip working as a accontant in BSFL.I am interested in joining L&T . Plz reply on 09934139699.
Reply
Pradeep
Hi, i am pradeep kumar working as an fieid executive in BSFL(Bhartiya Samruddhi Finance Limited),i am interested to join L&T Microfinance and to perform my skills in achieving the company's goal.Plz reply on 09905727619.
Reply
chandan
Hi i am chandan working as a executive in BASIX (Bhartiya samruddhi finance ltd.) i am highly interested to join L&T microfinance. pls note my cell no- 09835875088
Reply
sanjeevsharma
Hi i am sanjeev working as a Branch Manager in Nirmaan Bharati Iwant to join in L&T microfinance cell no 09617701301
Reply
jnyana
hi iam jnyana working as a executive operation in BASIX mp i want to join in l&t micro finance.cell no 09406816767,
Reply
vimal
may i know the salary structure in ur organization??
Reply
sathish
iam working in share microfinance ltd, now iam interested to work in your organisation.
Reply
khayyum
present microfin is very use full for poor peoples in small villages&small towns.now i am looking for L&T organisation.i am working in logestics field
Reply
sitaram
Now day microfin much need rural people and semi urban people i welcome to L& t Microfinace. sitaram working in share microfin ltd
Reply
  Reply by Money:
Yes this will be very beneficial. Financial situation seems to be grim with some people you may opt for Credit Repair Canada
  Reply by Dipak:
I am working in Spandana Sphoorty Financial Ltd,Now i am interested for your organisation..
vr.s.n.raju
i am working in =shriram city union fanance co.ltd.
Reply
  Reply by Sushma:
Please forward your CV to v.shesh1@gmail.com. I have a Branch Manager position with a microfinance co. in Banglore. Knowledge of Kannada is a must. Regards, Sushma
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