Muthoot Pappachan Group ties up with UST Global for digital transformation initiative

PUNE: The Muthoot Pappachan Group has tied up with UST Global to modernize its IT infrastructure.

The terms of the deal were not disclosed, but the non-banking finance company said it was a ‘multi-hundred crore’ project which will be rolled out over its 4,200 branches across the country.

“This was a key action point on our agenda – to get the IT infrastructure to be run by a partner across all our branches. We will continue to do the software development ourselves, while the IT infrastructure would be managed by UST Global,” said Thomas John Muthoot, CMD, Muthoot Pappachan Group.