Treasury app migration awarded to original developer on nomination basis
The Bank contracted M/s Intellect Design Arena Limited to migrate the Ekuber Treasury application to new infrastructure.
The tender was awarded on a Nomination Basis to M/s IDAL (Intellect Design Arena Limited), the developer of the application. The document states that awarding the work to any other vendor may have exposed the Bank to operational risk. No other eligibility criteria are stated in the document.
- Contract Value: ₹93,31,945/-
- Tender Mode: Nomination Basis
- Contract Date: Apr 21, 2025
- Work Start Date: Jun 16, 2025
- Work Completion Date: Nov 14, 2025
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, ₹93,31,945/-
· lowest bidder: no
(extracted from the award document; verify against the original)
The original document
Award
2026-07-16
Document details
| Official title | Migration of Ekuber Treasury application to new infrastructure |
| Source body | Reserve Bank of India (RBI) |
| Reference number | NA |
| Status | closed (award) |
| Year | 2026 |
| Closing date | NA |
| Documents | 1 |