₹8.8 crore treasury upgrade awarded on nomination basis
The Bank contracted M/s Intellect Design Arena Limited to perform a technical upgrade of the Ekuber Treasury application.
The document states the work was awarded on a 'Nomination Basis' to M/s IDAL, noting that awarding it to any other vendor might expose the Bank to operational risk. No general eligibility criteria (turnover, experience, certifications) are stated in the document.
- Contract Value: ₹8,80,00,000/-
- Contract Date: Dec 17, 2025
- Start Date: Dec 30, 2025
- Scheduled Completion Date: Jan 15, 2027
- Tender Mode: Nomination Basis
Written from the document by AI, and checked against it. The original below is authoritative.
Who won this contract — M/s Intellect Design Arena Limited, ₹8,80,00,000/-
· lowest bidder: no
(extracted from the award document; verify against the original)
The original document
Award
2026-07-24
Document details
| Official title | Technical upgrade of Ekuber Treasury application |
| Source body | Reserve Bank of India (RBI) |
| Reference number | NA |
| Status | closed (award) |
| Year | 2026 |
| Closing date | NA |
| Documents | 1 |