End-to-End Core Banking & Enterprise Systems Enablement

The Himachal Pradesh State Cooperative Bank Ltd.

The Himachal Pradesh State Cooperative Bank Ltd. is a leading state-level cooperative bank, supporting financial inclusion and banking services across Himachal Pradesh through a wide branch network and modern banking systems.

The Client

The Himachal Pradesh State Cooperative Bank Ltd. (HPSCB) is the apex cooperative bank of Himachal Pradesh, operating under the cooperative banking structure (SCB/DCCB). The bank plays a critical role in delivering banking and credit services to individuals, cooperatives, and institutions across urban and rural regions of the state.

The Himachal Pradesh State Cooperative Bank (HPSCB) is the apex cooperative bank in HP, serving rural areas extensively with a large network of branches (around 238-262) and extension counters, focusing on farmer and rural credit in specific districts like Shimla, Mandi, Kinnaur, etc., and offering digital services alongside traditional banking to boost rural economy and financial inclusion

Size & Reach

Total Business Turnover: ₹27,431.42 crore.
Total Deposits: ₹16,334.37 crore.
Loans and Advances: ₹11,097.05 crore.
Gross Profit: ₹307 crore for the financial year ending March 31, 2025.
NPA Status: Gross NPA stands at 3.66%, with Net NPA significantly reduced to 0.26%.
Digital Transactions: Processed a record ₹5,300 crore in digital transactions in the latest financial year.
Agricultural Support: Provided over ₹2,000 crore in loans to 74,000 farmers via Kisan Credit Cards (KCC).

The Challenge

As a state cooperative bank with a distributed branch network, HPSCB required a comprehensive and integrated technology ecosystem to support both core banking and enterprise operations.

Key challenges included:

Managing mission-critical Core Banking System (CBS) operations
Meeting regulatory and compliance requirements (CKYC, PFMS)
Supporting digital banking channels (Internet & Mobile Banking)
Streamlining enterprise and administrative functions
Ensuring availability of skilled manpower and long-term support

The Solution

Natural Support Consultancy Services Pvt. Ltd. (NSCSPL) partnered with HPSCB to deliver a holistic banking technology solution, covering core banking, enterprise systems, compliance, and operational support.

Our solution included:

Core Banking System (CBS) implementation and support
HRMS & ERP for centralized enterprise operations
NFC enablement for modern banking use cases
CKYC & ALM systems to support compliance and risk management
Internet Banking & Mobile Banking (IB & MB) support
PFMS integration for government-linked financial processes
Fixed Asset, Investment & Borrowing modules
Manpower deployment for operational and technical support.

Technology & Delivery Model

Stable and reliable Core Banking operations across branches
Improved compliance readiness and reporting
Streamlined enterprise and administrative workflows
Enhanced digital banking support for customers
Long-term operational continuity with ongoing support

THE DETAILS

Client: The Himachal Pradesh State Cooperative Bank Ltd.
Sector: Banking
Type of Organisation: SCB / DCCB
Location: Himachal Pradesh, India
Engagement Type: Technology Partner & System Integrator
Project Status: Completed and now in support
Website: www.hpscb.com

TECHNOLOGY WE USED

WHAT WE DID

HRMS Implementation
ERP Implementation
Core Banking System (CBS)
NFC Enablement
CKYC Compliance
ALM Support
Internet & Mobile Banking (IB & MB)
PFMS Integration
Fixed Asset Management
Investment & Borrowing Modules
Manpower Deployment

Get In Touch

do you want to hire resources
for your project?

Are you looking to hire skilled resources for your project? Our software development teams are here to meet your bespoke requirements and tackle the challenges of today’s tech-savvy clients.

Edit Template