PSB Alliance
- Company typePrivate
- Founded2022
- HeadquartersMumbai, India
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
PSB Alliance firmographics
Firmographics- Name
- PSB Alliance
- Legal name
- PSB Alliance
- Website
- https://psballiance.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
PSB Alliance industry classification
Industry- Product category
- Banking Technology Platforms
- akta.pro primary industry
- IT Governance, Risk & Compliance (IT GRC) Platforms (HDAEALAK)
Keywords
Where PSB Alliance is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
PSB Alliance business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- Platform Services to Member Banks: PSB Alliance generates revenue by providing technology-enabled services to its 12 public sector bank members. Services include NPA auctions, digital balance confirmation, supply chain finance, and doorstep banking services.
- Government Scheme Management: Revenue generated through the JanSamarth portal for facilitating government credit-linked schemes including 16 central government schemes covering agriculture, renewable energy, business, housing, and livelihood sectors.
- Consulting Services: Strategic consulting services to banks including vendor evaluation, price discovery, IT solution design, and project management. Leverages empanelled consultants including PWC, GT, Protiviti India, Cap Gemini, Nangia Anderson, Deloitte and KPMG.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Doorstep Banking Services - Standard |
| Unit Pricing | Pay-as-you-go | Fund Transfer Services |
| Unit Pricing | Pay-as-you-go | Cash Withdrawal Services |
Go-to-market motion1 record
Distribution channels8 records
Marketing channels6 records
PSB Alliance product offering
Product offeringCore offering
PSB Alliance is a joint venture of India's 12 public sector banks that develops, operates, and maintains shared digital banking infrastructure and managed services. Its core offerings include the JanSamarth credit aggregation portal, BAANKNET NPA e-auction platform, Doorstep Banking services, Digital Balance Confirmation, Digital Supply Chain Finance, asset tracing solutions, consulting services, and an Unclaimed Assets Portal. These platforms are delivered to its 12 member PSU banks and, through them, to retail, MSME, and corporate end customers.
Product overview
PSB Alliance is a joint venture of India's 12 public sector banks offering an integrated portfolio of technology platforms and services for the banking ecosystem. The core offerings include: JanSamarth (national portal for 16 credit-linked government schemes), BAANKNET (exclusive NPA e-auction platform for 12 national banks), Doorstep Banking (last-mile banking service), Digital Balance Confirmation Portal (DBCP for auditors), Digital Supply Chain Finance (DSCF for MSME lending), and PATS (Asset Tracing Solution). Upcoming services include PSB Community Cloud Services with Generative AI/Agentic AI capabilities. Consulting Services provide strategic aid including vendor evaluation, price discovery, IT solution design, and project management.
Differentiator
Problem solved
Functional benefit
Brands
- JanSamarth: National portal for credit-linked Government schemes, launched by the Hon'ble Prime Minister on 6th June 2022. Provides a digital marketplace for beneficiaries with 16 credit-linked Central Government schemes.
- BAANKNET
- Digital Balance Confirmation Portal (DBCP)
- Digital Supply Chain Finance (DSCF)
- Doorstep Banking
Products and services
- JanSamarth Portal
- BAANKNET E-Auction Platform
- Doorstep Banking Services
- Digital Balance Confirmation Portal (DBCP)
- Digital Supply Chain Finance (DSCF) Platform
- PATS (Asset Tracing Solution) Technology-enabled asset tracing service that helps banks locate assets of wilful defaulters, NPA borrowers, and guarantors. Aggregates data sources and trace workflows to assist member PSU banks in recovery and litigation support for stressed asset cases.
- Consulting Services Management and technology consulting services provided to 12 PSU member banks covering areas such as digital transformation, branch optimisation, process re-engineering, risk management, and regulatory compliance. Engagements are project-based and tailored to the operational needs of public sector banks.
- Unclaimed Assets Portal A unified portal that allows customers of 12 PSU banks to search for and claim unclaimed deposits, inoperative accounts, and other unclaimed financial assets. Integrates with the Department of Financial Services to provide a single-window for locating and reclaiming dormant balances.
Quantifiable outcome
- ₹5,000 crore worth of NPA properties auctioned between July 2024 and January 2025
- +5 more outcomes
Companies that use PSB Alliance
Customer profileNamed customers12 records
Segments5 records
Ideal customer profiles3 records
PSB Alliance technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
AI capability4 records
Feature5 records
PSB Alliance partnerships and signals
Strategic signalPartnerships
29 partnerships are on record, tiered core and minor.
- State Bank of IndiacoreNominee Director representation from India's largest public sector bank on PSB Alliance Board. One of the 12 founding member banks that jointly own and govern PSB Alliance.
- Punjab National BankcoreNominee Director (Mr. M Paramasivam) representation on PSB Alliance Board. One of the 12 founding member banks.
- Bank of BarodacoreNominee Director (Mr. Lal Singh) representation on PSB Alliance Board. One of the 12 founding member banks.
- Canara BankcoreNominee Director (Mr. S K Majumdar) representation on PSB Alliance Board. Organized ECLGS 5.0 outreach programme in Coimbatore. One of the 12 founding member banks.
- Central Bank of IndiacoreNominee Director (Mr. Mahendra Dohare) representation on PSB Alliance Board. One of the 12 founding member banks.
- Union Bank of IndiacorePermanent Invitee representation on PSB Alliance Board. One of the 12 founding member banks.
- Bank of IndiacorePermanent Invitee (Mr. Dipak Rakesh) representation on PSB Alliance Board. One of the 12 founding member banks.
- Indian Overseas BankcorePermanent Invitee (Mr. Koustuv Majumder) representation on PSB Alliance Board. One of the 12 founding member banks.
- Bank of MaharashtracorePermanent Invitee (Mr. Devdatta Rokade) representation on PSB Alliance Board. One of the 12 founding member banks.
- UCO BankcorePermanent Invitee (Mr. Abhimannu Rajak) representation on PSB Alliance Board. One of the 12 founding member banks.
- Punjab & Sind BankcorePermanent Invitee (Ms. Rashmita Kwatra) representation on PSB Alliance Board. One of the 12 founding member banks.
- Indian BankcoreNominee Director (Mr. Ashutosh Choudhury) representation on PSB Alliance Board. Represents merged entity of Allahabad Bank. One of the 12 founding member banks.
- Department of Financial Services (DFS)coreCollaboration with India's Department of Financial Services to launch the Unclaimed Assets Portal, providing a single interface for citizens to trace and claim dormant financial assets.
- UIDAI (Aadhaar)coreIntegration of Aadhaar data into JanSamarth portal for beneficiary identity verification in government credit scheme applications.
- CBDT (Income Tax)coreIntegration of income data from Central Board of Direct Taxes into JanSamarth portal for income verification during credit assessments.
- CIBIL (Bureau)coreIntegration of credit bureau data into JanSamarth portal for creditworthiness assessment of loan applicants.
- NCGTC (National Credit Guarantee Trustee Company)coreIntegration with NCGTC portal for credit guarantee scheme processing on JanSamarth. NCGTC representatives participated in ECLGS 5.0 outreach programme.
- State Level Bankers' Committee (SLBC) Tamil NaducoreCo-organized ECLGS 5.0 outreach programme at CODISSIA Trade Fair Complex, Coimbatore on June 5, 2026 to familiarise MSMEs with the guarantee scheme.
- PWC IndiaminorOne of the empanelled consultants providing price discovery, vendor evaluation, and consulting services to PSB Alliance member banks.
- Deloitte IndiaminorOne of the empanelled consultants providing price discovery, vendor evaluation, and consulting services to PSB Alliance member banks.
- KPMG IndiaminorOne of the empanelled consultants providing price discovery, vendor evaluation, and consulting services to PSB Alliance member banks.
- Grant Thornton IndiaminorOne of the empanelled consultants (GT) providing price discovery, vendor evaluation, and consulting services to PSB Alliance member banks.
- Protiviti IndiaminorOne of the empanelled consultants providing price discovery, vendor evaluation, and consulting services to PSB Alliance member banks.
- Cap GeminiminorOne of the empanelled consultants providing price discovery, vendor evaluation, and consulting services to PSB Alliance member banks.
- Nangia AndersonminorOne of the empanelled consultants providing price discovery, vendor evaluation, and consulting services to PSB Alliance member banks.
- PSB XchangecorePSB Exchange (psbxchange.com) bridges digital supply chain financing ecosystem between lenders and originators, providing seamless digital infrastructure for SCF platform.
- BLS International Service LimitedcoreService provider partner for Doorstep Banking services, deploying trained agents to deliver banking services at customer-preferred locations.
- Integra Micro Systems Private LimitedcoreTechnology service provider for Doorstep Banking platform development and mobile application, providing app development (Android/iOS), web portal, and call center support.
- NeSL (National eBooks)coreIntegration for e-sign and e-stamping services on JanSamarth portal enabling digital documentation for loan applications.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
PSB Alliance competitors and assessment
Company assessmentDirect peers
- M1xchange (Mynd Solutions): India's leading TReDS (Trade Receivables Discounting System) platform for MSME invoice financing via factoring and reverse factoring. Direct peer to PSB Alliance's DSCF platform in digital supply chain finance for MSMEs.
- Intellect Design Arena: India-headquartered banking and financial technology platform providing core banking, lending, and digital banking products to banks globally. Closely comparable as a vendor of enterprise banking platforms competing for similar Indian bank IT modernization budgets that PSB Alliance serves through its shared-platform model.
- Newgen Software: Indian enterprise software company providing content services, BPM and digital banking process automation to banks and financial institutions. Comparable to PSB Alliance in delivering workflow, KYC, loan origination and digital banking infrastructure to Indian banks.
- Nucleus Software: Indian banking software provider offering lending, transaction banking and digital platform products to banks and NBFCs. Overlaps with PSB Alliance's Digital Supply Chain Finance and shared lending infrastructure mandate across Indian banks.
Broad incumbents
- Finastra: Global banking technology vendor offering core banking, lending, treasury and capital markets platforms. Comparable as a broad incumbent enterprise banking platform provider; competes for the same Indian PSU bank IT modernization wallet that PSB Alliance addresses.
- nCino: Cloud banking platform serving global financial institutions with loan origination, account opening and risk management solutions. Comparable to PSB Alliance's API-first, cloud-based banking infrastructure approach for member banks.
Emerging players
- Setu (Indus Valley Labs): India-based API infrastructure fintech offering account aggregation, eKYC, e-sign and digital lending rails. Comparable to PSB Alliance's API-first integrations with Aadhaar, PAN, CIBIL and NeSL that power JanSamarth scheme delivery.
- Perfios: India-based fintech providing data aggregation, analytics, and digital lending infrastructure to banks and lenders. Comparable to PSB Alliance's PSB Xchange and DSCF platform in connecting sourcing partners and enabling data-driven underwriting for banks.
Regional players
- C-DAC: India's government-run R&D organization building technology platforms including banking, payments and digital public infrastructure. Comparable as a public-sector-aligned technology provider to PSB Alliance's bank-owned technology consortium mandate.
Others
- NAUKRI / InfoEdge (IndianBankJobs-style platforms): Included as a placeholder for Indian banking sector ecosystem platforms that intersect with PSU bank distribution and MSME outreach — they are not direct technology peers but share the Indian bank customer base and government-scheme ecosystem that PSB Alliance serves.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
PSB Alliance social profiles
Digital presencePSB Alliance compliance and trust
Trust signalCompliance3 records
PSB Alliance financial estimates
Financial estimateRevenue estimate
Valuation estimate
PSB Alliance leadership team
Management profileNumber of profiles
Profiles4 records
PSB Alliance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PSB Alliance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PSB Alliance
What does PSB Alliance do?
PSB Alliance is a joint venture of India's 12 public sector banks that develops, operates, and maintains shared digital banking infrastructure and managed services. Its core offerings include the JanSamarth credit aggregation portal, BAANKNET NPA e-auction platform, Doorstep Banking services, Digital Balance Confirmation, Digital Supply Chain Finance, asset tracing solutions, consulting services, and an Unclaimed Assets Portal. These platforms are delivered to its 12 member PSU banks and, through them, to retail, MSME, and corporate end customers.
Is PSB Alliance a public or private company?
PSB Alliance is a private company. It is classified as corporate owned and is currently operating.
When was PSB Alliance founded?
PSB Alliance was founded in 2022. It employs 51 to 100 people.
Where is PSB Alliance based?
PSB Alliance is headquartered in Mumbai, India, in the Asia region.
How does PSB Alliance make money?
Three revenue lines are on record. Platform Services to Member Banks are the primary driver. The others are government Scheme Management and consulting Services.
Who are PSB Alliance's main competitors?
Direct peers on record are M1xchange (Mynd Solutions), Intellect Design Arena, Newgen Software and Nucleus Software. Broad incumbents are Finastra and nCino. Emerging players are Setu (Indus Valley Labs) and Perfios. C-DAC is listed as a regional player. NAUKRI / InfoEdge (IndianBankJobs-style platforms) is listed as an others.
Does PSB Alliance have an API?
No public API is recorded for PSB Alliance.
What industry is PSB Alliance in?
PSB Alliance's product category is Banking Technology Platforms. Its primary akta.pro industry code is HDAEALAK, IT Governance, Risk & Compliance (IT GRC) Platforms.