J&K Bank ties up with Tally

Publication : Rising Kashmir News
Date : 29 March 2008

Srinagar, March 29: J&K Bank entered into a business tie-up with Tally India Pvt. Limited, an accounting software vendor, Saturday to simplify IT purchase to Small and Medium Businesses (SMB’s) in Jammu and Kashmir. With this alliance, SMB consumers will be able to procure hardware and Tally software from one vendor with interest for the first year on the entire IT purchase borne by the vendor itself. Under the tie-up, J&K Bank will be the exclusive financers in J&K region for all the Tally customers.

Speaking on the occasion, Vice President, Strategy and Business Development Division, J&K Bank G A Beigh said, “J&K Bank has strategic alliances with many top notch companies of India. Being the
bank with the largest market share in J&K, the tie up with Tally India shall help us to cater to the SMEand retail business segments in J&K”.

Harsh Vardhan, Head Corporate Alliance Tally India Private Limited said, “I am bullish about thisalliance which will simplify IT purchase or SME in J&K. We are honored to partner with the leading
bank in J&K region and we are confident that this alliance will bring synergies to the growing market”.Commenting on the alliance, Tally’s regional head Harish Rajput said, “Tally Business Alliance
Program was initiated with the vision and commitment of joining hands with the best, to identifysynergies and drive them for mutually beneficial outcomes. Shared vision and strategies would allow
us to provide comprehensive solutions to customer’s ever increasing business needs and allowthem to grow up in value chain.”

Tally’s master partner in Kashmir, Fayaz of Infahs Cybernetics India Ltd. said, “We hope that thisalliance in J&K would change business to a large extent. The businessmen and students of the
valley can enjoy finances from J&K Bank for their computers, tally software and explore all otheropportunities of growth”.Since its inception in 1986, Tally Solutions has simplified business processes and enhanced the productivity of small and medium-scale enterprises with its powerful complete business software. Today, Tally has evolved into a multi-product company and service provider with more than 2 million users in over 90 countries.