Reliable Data Services Limited, established in March 2001 and converted into a public limited company in July 2017, is a provider of customized management and transaction processing services. The company serves banks, financial institutions, and manufacturing industries with a focus on IT-enabled services, including web and remote services aimed at enhancing organizational efficiency. Their offerings span debt management, corporate collections, reconciliation, and management information systems (MIS).
Partnering with leading banks such as Standard Chartered, Deutsche Bank, HSBC, and HDFC, Reliable Data Services provides both short and long-term support services. The company initially started with PDC Management Services for ICICI Bank and expanded to various others, including public sector banks like IDBI and Union Bank. They leverage mobile and image-based data processing technologies for collection services. In October 2017, the company raised Rs 14.82 Crore through an IPO, issuing 2.6 million equity shares to the public.
