Aurionpro Solutions Secures Major Contract with CSB Bank, Strengthens Banking Sector Presence

0 min read     Updated on 19 Jan 2026, 10:20 AM
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Reviewed by
Jubin VScanX News Team
Overview

Aurionpro Solutions has won a major contract with CSB Bank, strengthening its position in India's banking technology sector. This contract represents a significant milestone for the company's expansion in financial services and demonstrates its growing capabilities in providing banking solutions to established financial institutions.

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Aurionpro Solutions has secured a major contract with CSB Bank, marking a significant milestone in the company's expansion within India's banking technology sector. This contract win represents another step forward in Aurionpro Solutions' strategy to strengthen its presence in the financial services industry.

Contract Details and Significance

The partnership with CSB Bank adds to Aurionpro Solutions' growing portfolio of banking clients, demonstrating the company's ability to compete effectively in the banking technology space. This contract win showcases the company's expertise in delivering comprehensive banking solutions to financial institutions across India.

Strategic Impact on Banking Sector Presence

This development reinforces Aurionpro Solutions' position as a trusted technology partner for banks in India. The company's success in securing contracts with banking institutions highlights its capabilities in understanding and addressing the specific technological needs of the financial services sector.

Market Position and Growth Trajectory

The CSB Bank contract win reflects Aurionpro Solutions' continued efforts to expand its footprint in the banking industry. This achievement demonstrates the company's ability to leverage its technological expertise to build lasting partnerships with established financial institutions, contributing to its overall growth strategy in the competitive IT solutions market.

Historical Stock Returns for Aurionpro Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-1.15%-7.21%-12.35%-38.54%-38.66%+2,541.05%
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Aurionpro Solutions Secures ₹150 Crore AFC Contract from Delhi Metro for Bhopal and Indore Projects

1 min read     Updated on 12 Jan 2026, 02:23 PM
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Reviewed by
Naman SScanX News Team
Overview

Aurionpro Solutions Limited has secured a ₹150 crore contract from Delhi Metro Rail Corporation Limited to implement Automated Fare Collection systems for Bhopal and Indore metro projects. The multi-year agreement includes supply, implementation, and five-year maintenance of open-loop EMV card and QR-code-based AFC solutions under DMRC's collaboration with Madhya Pradesh Metro Rail Corporation Limited. The project aims to enhance commuter convenience and operational efficiency across the upcoming metro networks in Madhya Pradesh using standardized systems compliant with global payment standards and India's National Common Mobility Card norms.

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*this image is generated using AI for illustrative purposes only.

Aurionpro Solutions Limited has secured a major contract from Delhi Metro Rail Corporation Limited (DMRC) to implement Automated Fare Collection (AFC) systems for metro projects in Bhopal and Indore. This significant win strengthens the Mumbai-based company's position in India's expanding metro rail infrastructure sector.

Contract Details and Scope

The multi-year contract presents substantial value and operational scope for Aurionpro Solutions:

Parameter: Details
Contract Value: ₹150.00 crore (approximately)
Client: Delhi Metro Rail Corporation Limited (DMRC)
Project Locations: Bhopal and Indore metro projects
Collaboration Partner: Madhya Pradesh Metro Rail Corporation Limited (MPMRCL)
Maintenance Period: Five years

The company will supply, implement, and maintain open-loop EMV card and QR-code-based AFC solutions for both metro projects. The comprehensive scope includes end-to-end implementation followed by maintenance and support services over the five-year period.

Technology and Compliance Standards

Aurionpro's AFC solutions are built on advanced technological frameworks designed to meet national and international standards. The systems are based on open-loop and closed-loop EMV ticketing architecture, ensuring alignment with global payment compliances and India's National Common Mobility Card (NCMC) norms.

The project aims to deploy standardized AFC systems that will enhance commuter convenience, operational efficiency, and interoperability across the upcoming metro networks in Madhya Pradesh. These solutions support modern payment methods including EMV cards and QR-code-based transactions.

Management Commentary

Sanjay Bali, President of Aurionpro's Tech Innovation Group, emphasized the company's expanding presence in India's metro rail ecosystem. He highlighted that Aurionpro is rapidly growing its footprint across metro networks with its in-house design and manufacturing capabilities, delivering solutions that are designed and made in India.

Company Profile

Aurionpro Solutions operates as a global enterprise technology company with diversified operations across multiple sectors:

  • Banking and payments
  • Mobility and transit solutions
  • Insurance technology
  • Data centers
  • Government sector solutions

The company employs over 3,000 professionals and maintains a focus on AI innovation and scalable technology products, positioning itself as a comprehensive technology solutions provider in the Indian market.

Historical Stock Returns for Aurionpro Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-1.15%-7.21%-12.35%-38.54%-38.66%+2,541.05%
Aurionpro Solutions
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