Transform Core Banking with Intelligent Automation
Indian banks and NBFCs lose thousands of productive hours each quarter to manual KYC checks, reconciliation errors, and compliance paperwork. Our AI solutions automate the heavy lifting so your teams can focus on growing the loan book — not chasing documents.
Why Banks Still Struggle
Legacy systems and manual processes create bottlenecks that erode margins and frustrate customers.
Core Banking Silos
Disconnected CBS, CRM, and loan origination systems force staff to re-enter data across five or more screens for a single application.
Manual KYC Backlogs
Paper-based KYC and CKYC verification delays account opening by 3-5 days, pushing customers to digital-first competitors.
RBI Compliance Overhead
Frequent regulatory changes from RBI, SEBI, and IRDAI require manual policy updates across dozens of product lines.
Reconciliation Errors
End-of-day reconciliation across NEFT, RTGS, UPI, and card networks still relies on spreadsheets in many mid-tier banks.
Rising NPA Risk
Without real-time early-warning signals, stressed assets are flagged too late — increasing provisioning costs quarter over quarter.
Cybersecurity Gaps
Legacy perimeter defenses cannot keep pace with API-driven open-banking integrations and evolving phishing tactics.
Solutions Built for Banking
Modular, RBI-compliant solutions that plug into your existing core banking stack without a rip-and-replace.
Ready to modernize your branch operations?
Book a 30-minute discovery call and get a free automation-readiness scorecard for your bank or NBFC.
Results from 18 Banking Deployments
Aggregated metrics from mid-tier private banks and NBFCs that deployed our platform in the last 24 months.
Where the Savings Come From
Three operational areas that deliver the highest ROI within the first six months of deployment.
Compliance & Security
Every deployment meets the security and regulatory bar that banks demand.
Why Banks Choose OpenMalo
We speak banker — not just tech jargon. Here is what sets us apart.
Get Your Banking Automation Roadmap
Tell us about your current stack and pain points — we will send a tailored proposal within 48 hours.
Case Study
How a 200-Branch Bank Cut Loan TAT by 58%
A mid-size private bank with ₹45,000 Cr AUM was losing retail loan customers to faster digital lenders. Manual credit checks, paper-based verification, and siloed systems meant a personal loan took 5-7 days from application to disbursement.
The Problem
The bank operated on a legacy CBS with manual loan-origination workflows. Key pain points included:
Our Approach: We deployed AI-powered KYC agents for real-time CKYC and PAN verification, automated credit-bureau API calls with instant risk scoring, built a digital approval workflow with role-based routing, and replaced the spreadsheet disbursement tracker with an RPA bot that triggers NEFT/RTGS payouts. The entire rollout across 200 branches took 14 weeks.
Read Full Case StudyWhat Our Clients Say
“Our loan TAT dropped from 5 days to under 2 — and our NPA early-warning system catches stress signals we used to miss entirely.
“The RBI compliance module alone saved us two full-time employees worth of effort every quarter. The audit trail is immaculate.
“Integration with Finacle was surprisingly smooth. OpenMalo is the first vendor that did not ask us to change our CBS.
Frequently Asked Questions
Yes. We have pre-built, production-tested connectors for Infosys Finacle, Oracle Flexcube, TCS BaNCS, and Temenos T24. Integration typically takes 3-4 weeks including UAT.
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