| Centurion Bank of Punjab Ltd.,a leading Indian private Bank, has opted to implement Kalypto/Ops, an advanced Operational Risk Management Solution developed by Kalypto Risk Technologies, Mumbai. The solution provides comprehensive coverage for Operational Risk Management; including contemporary tools like KRI & SAQ based assessment and Score-card based modeling while providing full support for Loss Event Management. The software is Basel II compliant and provides coverage for all the approaches including AMA as prescribed under the accord.
Centurion Bank of Punjab is among the first few banks in India to adopt an advanced solution for Operational Risk.
About Centurion Bank of Punjab
Centurion Bank of Punjab is a new generation private sector bank offering a wide spectrum of retail, SME and corporate banking products and services. Centurion Bank of Punjab has a nation wide reach through its network of 249 Branches and 402 ATMs.
Centurion Bank of Punjab was formed by the merger of Centurion Bank and Bank of Punjab, both of which had strong retail franchises in their respective markets. Centurion Bank had a well-managed and growing retail assets business, including leadership positions in two-wheeler loans and commercial vehicle loans, and a strong capital base bank. |