Bajaj Finance Transitions Core Lending System to Pennant's New-Age, Cloud-Based System; Largest Scalable Transformation in India With 50 Million+ Loans

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Bajaj Finance Transitions Core Lending System to .. le Transformation in India With 50 Million+ Loans

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Bajaj Finance Transitions Core Lending System to Pennant's New-Age, Cloud-Based System; Largest Scalable Transformation in India With 50 Million+ Loans

//business-finance.news-articles.net/content/202 .. ansformation-in-india-with-50-million-loans.html

Published in Business and Finance on Thursday, May 15th 2025 at 4:00 GMT by ThePrint

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source
🞛 This publication contains potentially derogatory content such as foul language or violent themes

Bajaj Finance has successfully transitioned its core lending system to Pennant Technologies' new-age, cloud-based system, marking the largest scalable transformation in India with over 50 million loans. This shift to Pennant's platform, which is built on a microservices architecture, aims to enhance Bajaj Finance's agility, scalability, and innovation capabilities. The new system supports Bajaj Finance's growth strategy by enabling faster product launches and improved customer experiences, while also ensuring compliance with regulatory requirements. This transformation underscores Bajaj Finance's commitment to leveraging advanced technology to maintain its leadership in the financial services sector.

Read the Full ThePrint Article at:
[ https://theprint.in/ani-press-releases/bajaj-finance-transitions-core-lending-system-to-pennants-new-age-cloud-based-system-largest-scalable-transformation-in-india-with-50-million-loans/2626503/ ]