News/ Events
Press Releases
C-Edge has now been certified as a CMMI level 3
- On  17 Oct 2017

We are glad to announce that C-Edge has now been certifiedas a CMMI level 3 firm. This now implies that we are a company which buildsbetter products, delivers greater services and wraps them up in a morecomprehensive model. The CMMI certification indicates that we have partaken ina process of rigorous self-improvement to improve upon the performance of theexisting organizational standards, processes and procedures. This opens upnewer avenues for us as CMMI level 3 declares that we are utilizing industrybest practices and reaping the benefits from the same.

To view the certificate kindly click on the link: 


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C-Edge adds the Meghalaya Cooperative Apex Bank Limited to its list of clients
- On  28 Sep 2017

We are glad to inform that C-Edge Technologies has added the Meghalaya Cooperative Apex Bank Limited to its list of esteemed clients. The bank was established in 1971, with the formation of Meghalaya State after bifurcation of the erstwhile Assam State. Since then the Bank has developed and expanded its activities/operations and has grown in manifolds. MCAB commenced Banking operations with just two branches – one at Shillong and the other at Tura. Today, the Bank has a wide network of 49 branches, spread throughout the State providing effective banking products and other related services to the general public.

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C-Edge successfully aids MGB to go live with UPI
- On  28 Sep 2017

C-Edge adds another feather in its cap as it has successfully aided MGB to go live with UPI. With the implementation of UPI, MGB becomes the first RRB in India to go live with UPI.  C-Edge server has the capacity of more than 2 lakhs daily transactions. UPI implementation will help MGB to power multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing & merchant payments under one roof. Those using the service of MGB will now be able to enjoy facilities such as immediate money transfer through mobile device - 24x7x365, single mobile application for accessing different bank accounts, bill sharing with friends and many more other features.

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C-Edge crosses the landmark number of more than 12000 branches across India
- On  28 Sep 2017

We are happy to announce that C-Edge has successfully implemented technology across more than 12000 banks in India. The solutions are efficiently and seamlessly incorporated as per industry best practices for compliance. Due to our cost-efficient services based on the cloud the banks are able to conduct business much better. The branches benefited from the implementation of technology are as follows

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HUB 2016 Awards
- On  03 Aug 2016

C-Edge Technologies was given the Achievement Award for Pioneering the ASP model for Core Banking and Network for mid-Sized, co-operative and scheduled banks across the Country at HUB ,2016 held at held on 17th March at Courtyard Marriott, Mumbai. The award was given by Mr. Partho Banerjee, President & Managing Director - Hughes Communications India Ltd., and was accepted by Mr. Jitendra Chivate on behalf of the company. This award goes a long way in recognizing the stellar work put in by C-Edge in promoting the use of technology and making banking more efficient in general.


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NABARD’s DCCBs and SCBs Now Under CBS…3,253 and still counting!
- On  03 Jan 2014

C-Edge adds another feather in its cap as it successfully rolled out 3,253 branches of the National Bank for Agriculture and Rural Development (NABARD) across the country. A significant amount of these totaling 2,894 branches were added in the current year alone. States of Gujarat, Madhya Pradesh, Chhattisgarh, Karnataka and Tamil Nadu were covered. The managed services comprised of turnkey networking solution and services to connect various District Central Cooperative Banks (DCCBs) and State Apex banks in the country. The branches were integrated onto a central Core Banking Solution. Approximately 96banks went through a major transformation of the current information technologies and a significant reengineering of the bank’s business processes. The CBS project grew under the NABARD patronage. The most difficult challenge during the transition was “the management of change”. However, these difficulties were proficiently handled by NABARD with a vision to become a special purpose vehicle to make best use of CBS technologies by DCCBs and SCBs which has far reaching effects on banking activities done in rural areas.

These initiatives resulted with all DCCBs and SCBs using services like RTGS and SMS alerts which were not accessible to them earlier. DCCBs and SCBs have developed a strong association with TCS/C-Edge under the able guidance of NABARD as they both share a similar vision of financial inclusion and rural development. The commendable feat was accomplished due to the relentless efforts of the Operations team from TCS/C-Edge, bank management, bank staff, bank’s core team members and NABARD officials.

About NABARD:NABARD is set up as an Apex Development Bank with a mandate for facilitating credit flow for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts, and other rural crafts. It also has a mandate to support all other allied economic activities in rural areas, promote integrated and sustainable rural development and secure prosperity of rural areas.

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Meghalaya Rural Bank – 11 Branches go Online Simultaneously on Same Day
- On  03 Jan 2014

The Meghalaya Rural Bank created history in the banking sphere in the state of Meghalaya as Hon. Chief Minister Dr MukulSangma, inaugurated 11 new branches online, simultaneously on the same day and at the same time. C-Edge received invaluable appreciation from the Hon. Chief Minister for their technology support which has enabled MRB to serve the remote areas of the State andfulfil its policy of financial inclusion.

Mr.MukulJeishi, Chairman of MRB also thanked Mr. K Krishna Kumar, CEO - C-Edge Technologies, Mr. Sunil Pillai , Head of Account Management and Operations andMr. Jay Shah , Project Managerfor the untiring efforts extended by entire team in changing the landscape of banking industry in Meghalaya.

On 20th December, 2013, Meghalaya Rural Bank (MRB) launched 11 new branches at the State Convention Centre in Shillong. Ranked as one of the best rural banks in the country, all their 11 branches were opened on Real Time basis with both, Connectivity i.e. Primary (VSAT) and Secondary ( by VPN- Dongle) and also delivered the VSAT to all the site. Out of 11 Branches, 3 Branches belonged to Chief Minister’s area. The Chief Minister appreciated the technology support by C-Edge especially since Meghalaya is ridden with inclement weather which normally gives rise to connectivity issues. Cheerapunji which receives the highest rainfall in India falls in this region. “Yet, with the help of C-Edge as ourtechnology partner we crossed this hurdle very smoothly,” said Mr.MukulJeishi, Chairman of MRB .

C-Edge has enabled MRB to become fully CBS-compliant, and offer ATM, RTGS and NEFT facilities to its valued customers.On this momentous occasion, the august assembly of dignitaries included - Chief General Manager, RBI, Shillong, Chief General Manager, SBI, LHO, Guwahati , General Manager (NW-I), SBI, LHO, and Guwahati General Manager (NW-II), SBI, LHO, Guwahati amongst other luminaries.The eleven branches opened included 3 in East Khasi Hills District, 3 in West Garo Hills, 2 in RiBhoi, 2 in Jaintia Hills and 1 in West Khasi Hills District. With this, the MRB has in total 87 branches operating in the state.

About MRB:MRB is the second largest banking network in the State and has three branches at Garo Hills and East Khasi Hills districts, two each at Jaintia Hills and Ri-Bhoi districts and one at West Khasi Hills district. The Bank is headquartered in Shillong and has 87 branches in total. The volume of business handled by the Bank is in the vicinity of Rs 1,500 crore and the number of accounts serviced around four lakh. The Bank serves more than 600 villages and small towns of the State and its credit-deposit ratio stands as 44 per cent.

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Over 10000+ branches…C-Edge Achieves a Significant Milestone
- On  15 Dec 2013

As the year 2013 draws to a close, C-Edge has crossed a significant milestone in the history of banking sector in India. C-Edge now provides core banking and allied services to more than 10,000 branches, leaving their footprints in most of the Tier I, II and III cities as well as small towns in rural India. In a short span of 6 years, C-Edge has turned out to be the largest ASP provider of CBS to small and medium sized banks in India all the way from Jammu and Kashmir in Northern India to Kerala in South India and Rajasthan in the Western region to Meghalaya in the Eastern region.

Mr. K. Krishna Kumar – CEO ( C-Edge Technologies) went on to say, “This proves the scalability and adaptability of our service models that can fit into all types of banks be it commercial, foreign, rural or cooperative. The 10,000+ mark is a milestone, reached to leap frog our organizations belief into higher achievements.”

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C-Edge Implements Next Generation RTGS in Syndicate Bank RRBs
- On  19 Oct 2013

C-Edge implements Next Generation RTGS in Syndicate Bank RRBs thus enabling the rural banks to be complaint as per RBI guidelines. Recently RBI has decided to move from the existing text Based messaging to the ISO 20022 compliant XML based messaging for RTGS. The RBI has termed this as Next Generation RTGS and all 5 Syndicate Banks RRBs were required to adhere to these guidelines. C-Edge team enabled a smooth transition within a time span of one month.

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SCOBA 6th Pride Awards Event Report
- On  20 Sep 2013

Over a hundred delegates from the SCOBA federation stepped away from their daily work at their respective banks last Friday, September 20th 2013, to take part in a exciting event at Dona Sylvia Beach Resort at Goa.The “6th SCOBA Pride Awards” became a reality as delegates poured in from various parts of South Gujarat on 19th September 2013.

The preliminary introductions and felicitations of guests and sponsors were followed by the ceremonial lighting of the lamp. The Awards distribution ceremony was kicked off with a speech by ShriMukesh N Gajjar, President of SCOBA. The various banks present received awards for various categories. The Surat Peoples Coop Bank received the Champions award.

Sh.Ghanshyam H Amin, President Co-op. Bank of India, New Delhi and Sh. Ramakant D Khalap, Former Dy. Chief Minister of Goa were the featured speakers.

ShriBhikhabhai Z Patel, President, Surat District Co-operative Union introduced the gathering to the assembled dignitaries and ShriJagdish S Mehta, President, NAFCUB, New Delhi presented the welcome speech.

This was followed by aCorporate Profile presentation of C-Edge Technologies Ltd., Mumbai. The Management Dashboard was then presented to ShriMukesh N Gajjar,Chairman of Surat Peoples Coop bank in the form of Samsung Tab-3 with the Dashboard running live.

The "Internet Banking website of Surat Peoples Coop Bank" was then inaugurated by the Chairman,ShriMukesh N Gajjar. This major accomplishment was applauded by all present.

Shri Ghanshyam spoke about the “97th Amendment of Constitution and its Impact on Co-operative Banking Sector ”.ShriRamakant D Khalap gave an inspiring talk about the “Challenges and Opportunities for Co-operative Banking Sector” and induced the audience to find a campaign they were passionate about and make their chosen careers more than just a job.

The vote of thanks was given by Shri Gautam U Vyas Vice President,SCOBA.The night ended notably amidst lashing rains at the poolside “Seagull” Restaurant.

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Asian Banker Award to C-Edge & MGB
- On  08 May 2012

Maharashtra Gramin Bank and C-Edge Technologies Ltd have been named winner of the Best ASP-based Programme Award 2012 in the sixth Asian Banker Technology Implementation Awards Programme, at an event held at Bangkok Convention Centre in Bangkok on the evening of April 26th 2012. The awards ceremony was held in conjunction with the prestigious award winning Asian Banker Summit 2012, the foremost annual meeting for decision makers in the financial services industry in the Asia Pacific region.

Maharashtra Bank was able to migrate 324 branches where little automation previously existed to a well established core banking system in just 77 days thanks to a hosted solution in the cloud from C-Edge Technologies Ltd.C-Edge’s core-banking solution is used by numerous regional rural, urban and district co-operative banks in India which makes the hosted core banking solution affordable for the banks and a sensible business proposition for C-Edge Technologies Ltd.

Maharashtra Bank adoption of the core-banking solution has been transformational enabling the bank to realize multiple benefits. These include cost efficiencies in IT infrastructure, quicker and timely compliance with regulatory requirements, and the ability to offer better products and services to customers.

The awards programme, administered by The Asian Banker and refereed by prominent global bankers, IT consultants and academics, is the most prestigious of its kind. A stringent three month long evaluation process determined the winners from across Asia Pacific and the Middle East.

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NABARD selects C-Edge – TCS for India DCCB implementation
- On  01 Feb 2012

After a Rigorous evaluation process, NABARD has selected TCS – C-Edge for computerization of District Central Coop bank ( DCCBs) & State Apex banks in the country. The first phase covers the states of Gujarat, Madhya Pradesh, Chhattisgarh, Karnataka & Tamil Nadu which totals to 70 Banks with over 2300 branches.

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Syndicate bank sponsored RRB branch goes Live
- On  04 Jan 2012

The Mummigatti branch of Karnataka Vikas Grameena bank in Dharward District of Karnataka goes live on CBS.

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SBI-TCS joint venture helps rural banks go online - Times of India.
- On  29 Mar 2011

Even as large banks spend hundreds of crores on their core banking software to bring anywhere anytime banking services to customers, a little-known joint venture between State Bank of India and TCS is making the same technology available to rural banks and small cooperative banks at a fraction of the cost.

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Maharashtra Gramin bank first branch goes Live
- On  14 Dec 2010

The Khadakpada branch of Maharashtra Gramin goes live on CBS on 14th December 2010. The CBS Branch was inaugurated in the hands of Shri Bhattacharya, Chairman, Bank of Maharashtra.

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NAFCUB selects C-Edge for UCBs
- On  06 Jun 2010

National Federation of urban coop.Banks and credit societies Ltd. New Delhi have selected C-Edge Technologies Ltd, as one of the vendors for providing core banking solution to UCBs across the country. This will reduce an individual banks effort for searching a reliable, affordable vendor & also provides the bank, security towards proper execution of the project.

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2000 Live Sites
- On  01 Jun 2010

C-Edge is successfully managing more than 2000 Live Sites under the ASP model.

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1000 Live Sites
- On  13 Nov 2009

C-Edge is successfully managing more than 1000 Live Sites under the ASP model.

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45 branches anywhere in India
- On  18 Nov 2009

C-Edge celebrates its capability to migrate 45 branches in a single day anywhere in India.

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800 Live Sites under the ASP Banner
- On  17 Nov 2009

C-Edge is currently managing 4.74 million accounts & processing 2 lac transactions a day of 130 UCB/DCCB branches & 670 RRB branches, a whooping 800 branches & growing under its banner.

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25 Branches Migrated in a Day
- On  07 Oct 2009

C-Edge celebrates its capability to Migrate 25 branches in a single Day.

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C-Edge celebrates 100th branch going Live
- On  26 Jun 2009

C-Edge celebrates its 100th branch going live on ASP Core Banking. By this, C-Edge is managing a customer base of 1.5M accounts.

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C-Edge bags order
- On  08 Jun 2009

C-Edge has bagged the order of a leading urban co-operative bank in Karnataka to implement Core Banking on ASP platform in all its branches.

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C-Edge awarded contract
- On  01 Apr 2009

C-Edge bags the order to implement Core banking solution at a leading district co-operative bank in Kerala. All branches of the bank are to be upgraded to the core banking platform..

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C-Edge Launches First ATM card in North East India
- On  26 May 2013

Langpi Dehangi Rural Bank has become the first Regional Rural Bank in Assam and the first among the RRBs sponsored by the State Bank of India in North East to launch Rupay ATM Debit Cards in coordination with SBI, National Payments Corporation of India and C-Edge Technologies Ltd. Mumbai.

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SBI-TCS joint venture helps rural banks go online
- On  29 Mar 2011

Even as large banks spend hundreds of crores on their core banking software to bring anywhere anytime banking services to customers, a little-known joint venture between State Bank of India and TCS is making the same technology available to rural banks and small cooperative banks at a fraction of the cost...

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E-banking could open opportunities for banks
- On  29 Apr 2009

Increasingly, more and more people are switching to electronic platforms for executing financial transactions. The wider usage of cell phone and internet certainly seems to be playing a role in blurring physical boundaries...

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Surat Peoples Coop Bank launches services
- On  27 Mar 2009

Core banking services have become functional since Wednesday in all the 21 branches of city-based Surat Peoples Co-operative Bank Ltd. This facility allows a customer to access his account in a branch from another place...

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ICICI may spin off ATMs, sales points
- On  18 Mar 2009

State Bank of India, which owns the countrys largest ATM network, has a deal wherein 300 ATMs are outsourced from Tata Communications, with the bank paying a rent for every transaction. The bank has a similar deal for 200 ATMS with C-Edge...

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Farming out IT work to cut costs for banks
- On  29 Mar 2011

As the global financial crisis deepens, every CIO/CTO and CEO of banking and financial institutions in the country are beseiged by disturbing questions: Are we part of it or not?Can we continue spending on IT infrastructure? Or can...

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Small banks go high-tech the cheap way
- On  11 Sep 2007

MUMBAI: Small banks, particularly those in the co-operative sector, are finding a cheap alternative to bring hi-end services to customers even as big banks spend crores on core banking. By tying up with application...

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Growth Drivers: BFSI - Domestic ITs Mainstay
- On  11 Sep 2007

The other big news from the SBI front was the formation of its JV with TCS to set up a new company C-Edge Technologies with an authorized capital of Rs 40 crore. C-Edge is playing a key role in deploying the FNS core banking solution in...

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SBI-TCS venture to offer tech platform to RRBs
- On  08 Dec 2005

The State Bank of India will offer through C-Edge Technologies, its newly-formed joint venture with Tata Consultancy Services, an advanced technology platform to regional rural banks as well as other smaller banks...

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TCS, SBI form joint venture to offer banking consultancy
- On  15 Nov 2005

TATA Consultancy Services and State Bank of India have formed a joint venture company C-Edge Technologies Ltd that will offer technology and consulting services to the banking, financial services and insurance industry (BFSI)...

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