REQUEST FOR PROPOSAL (RFP) FOR SELECTION OF BANKING PARTNER FOR BANGALORE ONE AND KARNATAKA ONE PROJECT

Bank should have minimum 5 Years experience in partnering with State or Central Government/PSU/Other Govt. Institutions/Boards & Corporations. The Experience Certificate/Work Order/Work Completion Certificate to be furnished.

Bank shall be a Nationalized/Scheduled Commercial Public / Private Sector Bank of India regulated by RBI.

Bank should mandatorily have their own Bank Branch in at least all the 31 District Headquarters of Karnataka

Bank should either have their Bank Branch in all cities as per the Annexure 11 or should be able to provide services as per this RFP by tie ups with other Banks in cities where there are no Branches

The Capital Adequacy Ratio (CAR) as on 31st March 2025 should be equal or greater than 12%.

The Banks Net NPA as latest records should be less than 1 %.

Banks PCR (Provisioning Coverage Ratio) as on 31st March 2025 should be above 60%.

Net worth of Bank as on 31st March 2025 should be more than Rs.20000 Crores

Bank should have reported profits for all the last three financial years ( 2022-23, 2023-24 and 2024-25)

Is your bank willing to sign a Agreement including Service Level Agreement with EDCS Directorate worked out by EDCS Directorate

Readiness of the Bank to provide services as per the RFP Document

No blacklisting by Central or State Government

Core Banking System with digital payment capabilities.