Nucleus Software bags order from Dhanlaxmi Bank

IT firm Nucleus Software Exports today said it has bagged an order from a private sector lender Dhanlaxmi Bank for the implementation of its FinnOne products across the bank's branches.

The company will implement FinnOne products across the 271 branches of the bank to power its retail lending business, Nucleus said in a filing to BSE.

However, the company did not disclose any financial details of the transaction.

FinnOne will enable the bank in managing its loan application process and servicing its retail customers more efficiently, the filing added.

Shares of Nucleus Software were trading at Rs 130.05 on BSE, up 2.32 per cent from previous close.