Saraswat Bank partners with Tagit to deploy omnichannel banking

Saraswat Bank has partnered with Tagit to implement an omnichannel digital banking solution for its retail and corporate customers. Under the agreement, the bank will use Tagit’s Mobix digital banking platform to enhance customer experience by offering a comprehensive set of digital services securely anytime, anywhere.

The Mobeix platform will provide retail and business banking customers of the bank with seamless on-premise services, comprehensive features, excellent UX and robust security across mobile and web. This will lead to increased market reach, faster time to market and increased customer engagement.

“Our collaboration with Tagit is one such initiative to provide omnichannel convenience to our customers through the new Mobile Banking and Internet Banking application. This will be achieved through a seamless user journey through enhanced accessibility and provide a rich user experience.”

Sandeep Bagaria, CEO, Tagit said, “With a strong local presence and expertise in the Indian market, the bank’s support to Tagit in realizing its vision of accelerating digital transformation to keep pace with the digital revolution Happy to do.”

As of March 2022, the bank was spread across six states Maharashtra, Goa, Gujarat, Delhi, Madhya Pradesh and Karnataka had a business of 71,000 crores and a net profit of ₹275.02 cr. Bad loans stood at 0.65%.